18-02-2011, 02:17 AM
AN ATM WITH AN EYE
ABSTRACT
There is an urgent need for improving security in banking region. With the advent of
ATM though banking became a lot easier it even became a lot vulnerable. The
chances of misuse of this much hyped ‘insecure’ baby product (ATM) are manifold
due to the exponential growth of ‘intelligent’ criminals day by day. ATM systems
today use no more than an access card and PIN for identity verification. This
situation is unfortunate since tremendous progress has been made in biometric
identification techniques, including finger printing, retina scanning, and facial
recognition. This paper proposes the development of a system that integrates facial
recognition technology into the identity verification process used in ATMs. The
development of such a system would serve to protect consumers and financial
institutions alike from fraud and other breaches of security.