It should be common soon enough in Asia to use an ATM equipped with biometrics for identifying the customers. The Bank of Tokyo is currently using vein pattern recognition on the palm. It’s also being used by Suruga Bank, a smaller entity (they actually don’t charge their customers for the protection). Other banks hope to implement the technology very soon.
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Hitachi partnered with Turkey-based banking company Isbank to bring biometric identification authentication to roughly 3,400 ATMs in Europe. While the new network of biometric ATMs, which utilize Hitachi’s finger vein scanning technology, is the largest in Europe, it is far from the largest worldwide where Japan has embraced the technology and installed more than 75,000 finger vein-based ATMs. read more »la Caixa and Visa Europe have begun rolling out their contactless payment system in Barcelona. The bank is set to make all cards and point-of-sale across Barcelona contactless, requiring the distribution of 1 million cards and more than 15,000 new POS terminals. read more »The U.S. Customs and Border Protection (CBP) agency is set to open a new Ready Lane at the San Ysidro port of entry for persons crossing the border with RFID-embedded travel documents. read more »The European Payments Council (EPC) has published the second edition of its “White Paper on Mobile Payments.” According to EPC, the white paper focuses on the usage of the mobile payments in the Single Euro Payments Area (SEPA) and explores how m-payment services can be delivered through cooperation between service providers in the payment industry and players within the mobile ecosystem. read more »MasterCard introduced a road map focused on advancing the U.S. electronic payments system. The map, which includes the path for migration from magnetic stripe to EMV technology available on chip cards, will serve as the foundation for the next generation of products and services. read more »Sallie Mae is rolling out fee free ATMs on select campuses which enable student checking account customers to withdraw cash surcharge-free using their Sallie Mae Debit MasterCard. read more » |
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