June 21, 2012 -
Biometrics company Luimidigm Inc., in cooperation with Brazilian international bank Itautec, is deploying 12,000 automated banking/teller machines (ATMs) with Lumidigm’s multispectral fingerprint readers.
The ATMs showcase multispectral fingerprint readers to reduce and prevent identity theft and fraud.
Itautec and Ludimidigm Inc. aim to eventually deploy 33,000 ATMs that use fingerprint scanning instead of the traditional PINs.
“Itautec has the tenth largest number of ATMs being used in the world so we needed a solution that works,” Fabrizio Vargas, person in-charge for Biometric Systems, Itautec. “We picked the Lumidigm readers because no matter the condition of bank customers’ fingerprints — wet, dirty, dry, or damaged — users are able to access the ATM and do their banking with the simple single touch of a finger, without supervision.”
The multinational Brazilian bank is using biometric solutions on their ATMs to maintain quality banking service and provide better security to their account holders. The bank also disclosed that utilizing biometrics is the best way to insure the identities of their customers and provide them with secure access to their accounts.
Bill Spence, VP of Lumidigm, said, “Your finger is your PIN. It’s a worldwide phenomenon.”
He continued, “In South Africa, several large banks have also begun to deploy identity systems that utilize fingerprint biometrics as a means to achieve their goals. Providing customers with an easy way to access their accounts, while adding increased security in a most visible manner, creates enhanced customer satisfaction.”