Photo on the right shows a customer doing a withdrawal and he is putting his finger on the FS88 fingerprint scanner, so as it can verify the correct person prior to the teller giving out the cash withdrew.
Well, this is the trend in banking to enhance the security and provide a physical ID verification for any transcation. In Vietnam, there is large number of farmers and older population who cannot sign their signatory consistently and using fingerprint for verification resolved this pressing issue.
In Singapore, UOB bank will soon deploy these FS88 fingerprint scanners across their branches islandwide.
In May, we saw India banks asking for RFP (Request For Proposal) for fingerprint technology as the 2 FA(factor authentication) to be used in the banking systems, with a womping quantity of over 500,000 scanners. So, the banking sectors are finally heading towards using fingerprint technology, and what are you waiting for.....
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