Japanese bank uses biometrics

Tuesday, 24 February 2004, 1:37 AM EST

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 ]

Related items




Spotlight

Reactions to the IRS hack that impacted 100,000 people

Cybercriminals were able to successfully steal tax forms full of personal information of more than 100,000 taxpayers through IRSí Get Transcript application. This data included Social Security information, date of birth and street address.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Thu, May 28th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //