Andhra Bank launches bio-metric ATM
Hyderabad, Feb 26 (UNI) Chairman and Managing Director of Public Sector Andhra Bank K Ramakrishnan today launched 'bio-metric' ATM at Kondapur here, saying the security advantage of this technology was that it could not be borrowed, lost or stolen.
He said bio-metric technology could authenticate an individual by measuring his or her distinct physical characteristics or behavioural traits.
He said 120 to 150 bio-metric ATMs would be set up in the next 12 months. With the opening of this ATM, the bank had 500 ATMs, apart from a shared network of 18,000 ATMs.
UNI
Story first published: Saturday, March 17, 2007, 10:45 [IST]