[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)

Web-based fingerprint identification module ? An ATM
for rural areas 
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

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

Do you Yahoo!?
Yahoo! Photos: High-quality 4x6 digital prints for 25¢
Mailing list (sbinews@xxxxxxxxxxxxx) related information:

News/articles about SBI and Banking related matters published  in the print 
media, Internet etc will be circulated through this Mailing List. 

The messages in this list will help in improving awareness of SBI and its 
activities vis-a-vis the happenings in the Banking industry. This should be of 
help to all staff members of SBI, particularly those who are preparing for 
promotional written tests/interviews/group discussions. Subscription to this 
Mailing List is simple and FREE. Please check the procedure below. Please share 
this information with other colleagues/branches that could be interested in 
subscribing to this Mailing List. 

The messages circulated here should not be deemed to have the official 
endorsement of the SBI or any of its employees. The correct factual position 
may be ascertained from official sources. 

To join this mailing list, just send an email to sbinews-request@xxxxxxxxxxxxx 
with the word 'subscribe' without the quotes in the subject of the email 

To leave this mailing list, just send an email to sbinews-request@xxxxxxxxxxxxx 
with the word  'unsubscribe' without the quotes in the subject of the email 

Archives (old messages) are available for viewing at:
Click on the month-year at the lower left corner to view messages posted during 
that month. 

This is an announcements/newsletter type mailing list i.e. only the Moderator/s 
can post messages to the list. 

This mailing list is maintained and moderated by Sri. R.S.Pai, currently 
working as Chief Manager(IT-Internet Banking), SBI, Corporate Centre, Mumbai. 
Visit http://rspai.tripod.com for some useful Banking, Reference and Utilities 

Other related posts:

  • » [sbinews] Web-based fingerprint identification module ? An ATM for rural areas (Businessline)