In an effort to prevent tampering of its core banking solution platform, the State Bank of India plans to integrate biometric authentication devices, reports The Hindu.
The bank intends to install single finger capture readers at select branches throughout India. The front line employees will use these devices, which tie into a centralized backend system that will complete the authentication process. The biometric devices will add a second layer of authentication onto the bank’s current username and password system.
The biometric devices will be used to stop current manipulation of the bank’s current core platform and prevent fraud. Initially, 5,000 devices will be installed in bank branches. The bank may extend the program to cover all 14,700 of its branches.
Read more here.