FNB launches biometric mini-ATM in South Africa

Wednesday 9 May 2018 09:57 CET | News

First National Bank, a South African bank, has introduced a mini-ATM that uses biometrics, as a means of validation for consumers.

Called TouchPoint, the device functions as a self-service kiosk from which customers can make withdrawals, transfers, and payments, view statements, purchase airtime and electricity and perform card cancellations. It also enables customers to open new accounts by reading a consumers thumb print. Moreover, the biometric ATM validates a customers identity by scanning a fingerprint placed on the biometric reader and it can detect false fingerprints to prevent fraud.

According to Business Report, FNB said the device had been successfully piloted in Gauteng province since November 2017 and the bank aimed to place the devices in branches, community retailers in townships and rural areas across South Africa.

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Keywords: First National Bank, biometrics, authentication, bank, TouchPoint, payments, withdrawals, transfers, South Africa
Countries: World