In Japan, a Japanese bank will be offering its customers the opportunity to use their hand as a cash withdrawal or deposit card from September onwards. The technique? A vein reader...
A Japanese bank, the Ogaki Kyoritsu Bank, is going to equip itself with cash dispensers with biometric authentication! The recognition of the person will be carried out by comparing a vascular pattern of the palm pre-registered in the bank's server and the one collected by the dispenser.
Simply place your hand over a sensor to withdraw money or perform any operation. The risk of error would be lower than with the fingerprint system, and withdrawal without the presence of the real customer will become difficult... or very cumbersome!
This technique is therefore an interesting alternative to the search for other recognition systems: ocular, speech, etc...
The technology was developed by the Japanese group Fujitsu. It is already used by several banks to recognize customers. But until now, the device was only used to replace the digital code to prove that the bank card was not stolen.
Why not enjoy unlimited reading of UP'? Subscribe from €1.90 per week.
From now on, Ogaki Kyoritsu Bank customers will no longer need a card. They will be able to make transactions on their account by simply authenticating with their hand. Recognition of the person will be done by comparing a vascular pattern of the palm, pre-recorded in the bank's server, with the one collected by the ATM. According to Fujitsu, the margin of error is infinitesimal, smaller than in the case of fingerprints.
This system could avoid the difficult situations that some Japanese people experienced at the time of last year's tsunami. Many of them lost their bank documents, which were washed away. They were unable to withdraw money for days. The initiative of this Japanese bank could be followed by larger banking groups. Japanese electronics giants Hitachi and Sony have also developed biometric recognition systems based on the vascular network of the hand. Hitachi has already tested direct payment without cash or card, with a simple presentation of the finger over a reader.
Ogaki Kyoritsu Bank's initiative could be followed by larger banking groups.
(Source: AFP April 2012)