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A New Technology
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coming to automatic teller machines this summer could mean the end of those pesky personal identification numbers, or PINs. Instead of asking you for a PIN, the ATM will scan the iris of your eye (thatβs the colored part) to identify you.
It may sound like science fiction, but these ATMs are already in use in Tokyo and London, and a few of Amer ....
Middle of paper ....eposit boxes.
Stopping Fraud, Saving Money And in an industry that loses billions each year to various forms of fraud, a near-foolproof identification system might just come in handy. "We will significantly reduce, or even eliminate, fraud with this system," van Naarden says.
Sensar has licensed its technology to ATM manufacturer NCR, and is al.... |
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Page count: 2 |
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