Polish bank claims Europe's first biometric cash point

Afp
Wednesday 12 May 2010 00:00
Comments

Poland's cooperative BPS SA bank claimed Tuesday to be the first in Europe to install a biometric cash point allowing its clients to use their fingertips rather than a bank card to withdraw money.

"Our bank is the first in Europe to provide its clients with a new means to secure transactions to complement the secret code of their banking card," BPS SA Bank vice-president Krzysztof Jagielski told reporters Tuesday.

"Thanks to a system which scans blood vessels in fingers, they can withdraw cash from a bank machine," he said of a new BPS cash point installed in the capital Warsaw.

Based on "Finger Vein" technology developed by Japanese technology giant Hitachi, the bank machine which scans the unique network of minute veins in fingertips was developed by Wincor Nixdorf, a leading IT provider for retailers and retail banking.

BPS said it would install three to four of the new biometric machines in Warsaw by the end of the year, and about 200 more in the 365 banks in its network across Poland.

The new biometric machines will serve to "secure the payout of pensions at the end of the month and to guard against fraud such as 'skimming', or the theft of credit card information," Jagielski said.

Several dozen clients have already tested the system but "as with all technological changes, there must be some time for people to adapt," he added.

Although new to Europe, bank machines with the technology are already widely used in Japan.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

By clicking ‘Create my account’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in