ATMs

NEC Corporation Supplies Taiwanese Bank with Biometric ATMs

NEC Corporation Supplies Taiwanese Bank with Biometric ATMs

Taiwan’s E. Sun Commercial Bank is partnering with NEC Corporation to make ATM transactions more secure. The new ATMs are equipped with NEC’s NeoFace facial recognition technology, and can create a unique customer profile for anyone using the machine. So how does it work? When someone first inserts a cash card, the ATM will take…

Central Bank of Nigeria Plans for Biometric ATMs

Central Bank of Nigeria Plans for Biometric ATMs

The Central Bank of Nigeria (CBN) is planning to replace PINs with biometric scans at ATMs, suggest comments made at this year’s Nigeria Electronic Fraud Forum. The news was broken by Dipo Fatokun, the event’s Chairman, who suggested that the biometric authentication will result from the implementation of a Bank Verification Number for individual consumers.…

Iris ID to Bring Iris Authentication to South Korean Banks

Iris ID to Bring Iris Authentication to South Korean Banks

Iris ID has entered into a new partnership with a leading South Korean bank that could dramatically change how customers do business. The new memorandum of understanding will see the iris recognition technology developer work with Woori Bank on new authentication solutions for a number of customer interfaces. Woori Bank customers could soon be able to…