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Japanese bank uses biometrics
Bank of Tokyo-Mitsubishi, one of Japan's top four banks, said it will introduce a new biometric security system for cash machines which can identify customers from the pattern of veins in their hands.
Bank of Tokyo-Mitsubishi said it will start equipping its automated teller machines (ATMs) with the new system later this year.
The bank said the move is part of its effort to fight ATM fraud as conventional magnetic bank cards will not be sufficiently secure in the future.
The new system has an infra-red sensor which reads, without contact, the pattern of veins in a customer's palm, a bank official said.
It will be the first biometric security system to be used in the nation's banking sector.
At Australian IT.
[ Read more ]
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