Taiwan's CTBC Bank is currently testing an automated teller machine (ATM) that uses facial recognition and finger-vein scanning technologies to verify its customers.
If the trial is successful, customers will be able to withdraw money from ATMs without the use of a card or a PIN number.
Using Hitachi's finger-vein technology VeinID, the ATM will use infrared light to read the unique vein pattern just below the skin surface of a finger. It will then match it with a pre-registered profile to authenticate the individual identity.
According to Hitachi, the technology is more secure than fingerprint scanning as vein patterns are more difficult to spoof or replicate, and the scanned finger must be attached to a live human body for authentication.
VeinID technology is not new, and has been leveraged by many banks in Japan, North America and Europe for password replacement, single sign-on, and ATM access. It is also used in nuclear power and biohazard plants in the US.
According to CTBC Bank, this trial is part of the bank's digital service strategy. Besides using biometrics in ATMs, biometrics is also used to verify its employees at its office in Taipei's Nangang Business Park.
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