[sbinews] Web-based fingerprint identification module ? An ATM for rural areas (Businessline)
- From: "Rajendra S. Pai" <rspai9@xxxxxxxxx>
- To: sbinews@xxxxxxxxxxxxx
- Date: Fri, 23 Apr 2004 20:17:02 -0700 (PDT)
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Web-based fingerprint identification module ? An ATM
for rural areas
(Businessline)
Raja Simhan T.E
Chennai , April 23
PASSWORDS are old hat. Welcome to the era of Web
cameras and fingerprint access. Easy-to-use cash
dispensing machines that use these technologies will
be available in a couple of months in rural areas.
Costing about Rs 40,000 each, compared to ATMs
available in the market for about Rs 8 lakh, the
Gramateller INDI will do away with personal
identification numbers. Just a thumb impression is
enough for a person to get cash from the machine.
A prototype of the machine is ready at the Indian
Institute of Technology, Madras and testing is taking
place on network integration between the machine and a
remote server, said Mr L. Kannan, Managing Director,
Vortex Engineering, a city-based firm floated by IIT
alumni.
Vortex and the Telecom and Network group (TeNeT) at
IIT, Madras jointly developed the machine, he said.
ICICI Bank, which wanted Vortex to develop a cost
effective cash-dispensing machine for rural areas,
plans to install the machines in Internet kiosks that
the TeNeT group has set up across villages in the
country, he added.
While a magnetic-stripe card is used for cash
dispensing in an ATM, in a Gramateller INDI a user
only has to display a smart card and authenticate
oneself through the fingerprint identification module.
The machine would send this image through a personal
computer that has a Web camera to a remote server of
the bank.
When the server confirms the identity by comparing the
images that are stored in the server, the person can
use the keyboard of the PC or keypad on the machine to
specify cash required. The machine then dispenses the
cash. The smart card, issued by nLogue Communication,
a TeNeT group company, can also be used for offline
applications, including as proof of identity, driving
licence and debit card.
According to him, the bank and kiosks will be
networked through corDECT connectivity, which offers
simultaneous voice (telephone) and data (Internet)
services. All communication to and from the machine
will be secure, he added.
For a kiosk operator, there is no investment except
for the PC, peripherals and connectivity. The bank
invests in the machine.
On refilling cash in machines, Mr Kannan said that it
would be a major issue since everything is done
through the Web.
nLogue is developing a business model around the
movement of physical goods to and from remote rural
areas. The issue of cash movement was being addressed
as part of this, he said.
=====
R.S.Pai, Web Address: http://rspai.tripod.com
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