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Biometrics Gain in Banking World

Terry Costlow, Contributing Editor -- Design News, June 23, 2008

Financial institutions want to use automation to handle transactions as quickly as possible, but they're also keenly interested in making sure only authorized users complete those transactions. Diebold Inc. is addressing these requirements with identiCenter™, which employs biometrics to guarantee the consumer's identity. identiCenter™ uses multispectral imaging fingerprint sensors from Lumidigm Inc. to prevent identity theft, which affects 10 million Americans at a total cost impact of $50 billion annually. The system can be used in drive-up systems or in kiosks that let consumers check in when entering a branch, selecting transaction options before reaching tellers. U.S. Biometrics Corp. provides the system that includes the fingerprint sensor.

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