Japan banks to use fingerprint authentication for ATM widthdrawls

As financial institutions struggle to fight financial related crimes such as identity theft, Japan financial industry is taking first steps towards fighting such crimtes.  Banks in Japan are installing fingerprint embedded ATM machines to fight against counterfit ATM cards.  Full story...

Comments

[Biometric Time Clock]

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[fingerprint door locks]

This is happening globally now.

[fingerprint door locks]

India is implementing a new line of biometric ATM machines that require users to authenticate via a password and fingerprint.

This should help ease the worries of some of those people who are concerned about any risks involved in solely using biometrics.

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http://www.avidbiometrics.com

[ATM Sales]

Its very good idea.By user fingerprint we can be secure while using the ATM cards.Finger print recognition is most popular and commonest method of using the biometrics. In the finger print technology, the uniqueness of epidermis of fingers is utilized for identification of user...

[James Ibori (Gov)]

I am the Governor of Delta State in Nigeria, which is one of the highest producer of Petroleum Crude Oil in Nigeria and I need an Agent that
can help me keep a sum of (US$50Million).
I need an Agent that will help me collect the money from the Central Bank of Nigeria
here and keep it in your own Account until after the elections coming up in my country in the year 2007, when I would come forward to collect it back. Please I want this to be confidential and very secret.
Thanks,
James Ibori
Governor of Delta State of Nigeria.

[hend]

bosy ala el fekra de

[orion]

Wouldnt you love to see a system where you have a fingerprint scanner beside your desktop, which you can use to log in to your banks website. For a really secure system (bar proxying I suppose), the bank could send a configuration key to the scanner. The scanner then combines todays key, the time/date code and the biometrics into a return key. This should mean capturing yesterdays key is useless - and the whole normal password and date of birth identity system could be phased out. That would at least give phishing and identity fraud scanners a run for their money.

Sometimes I do feel that we are just setting the entry bar higher though, as no matter how sophisticated a security system is, someone with the right resources and way of thinking will break it. At least by making it difficult and expensive to do so(by todays standards), it is probably only the FBI and MI5 who could decrypt it.