Ogaki Kyoritsu Bank: Biometric ATM

A Japanese bank loses the ATM card.

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Banking just got more convenient in Japan. Customers of Ogaki Kyoritsu Bank soon will no longer be needing cash cards,now that the financial establishment will be installing ATMs that users can access simply with a scan of their palms. Biometric ATMs are not a new things, but existing machines require users to validate their palm swipes with the ATM Cards. This new technology claims to be the first to require only a hand scan, along with a PIN and date of birth. Developed by Fujitsu Ltd., the technology was inspired by the Tohoku disaster that struck northern Japan, leaving residents with no means to access their money without their bankbooks or cash cards. The bank plans to roll out the technology at ATMs in Nagoya, Japan in September. It will also be available at two mobile banking units and at a drive-through electronic teller.

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Apr 16, 2012
Ogaki Kyoritsu Bank
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