Bengalaru, the capital of India’s Karnataka state, now has its first biometric ATM. The system eschews card-and-PIN customer authentication for fingerprint recognition.
It’s an expansion of a program first launched by DCB Bank this April, when the bank started a pilot project at its corporate office in Mumbai. Further deployments soon followed in Odisha and Punjab, and the bank ultimately plans to upgrade all of its ATMs with biometric authentication systems.
The system revolves around Aadhaar, India’s biometric national ID program, and is part of a much larger Aadhaar-driven digitization effort taking place across the country, with impacts in financial services, government, and civil society more broadly. Aadhaar is administrated by the Unique Identification Authority of India (UIDAI), whose former Chairman, Nandan Nilekani was on hand to launch Bengalaru’s biometric ATM.
While India’s Aadhaar-based efforts in biometric authentication are certainly pioneering, the emergence of these DBS biometric ATMs may reflect a trend that is soon to be global, with major player Diebold shopping around its own biometric ATM concept, and other financial services giants exploring biometric accountholder verification too.
Source: The Economic Times
June 13, 2016 – by Alex Perala