Taiwanese bank trials biometric ATM

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Taiwan’s CTBC bank is reportedly trialling a new ATM that uses several biometric verification procedures such as facial recognition technology and finger vein scanning.

The pilot project comes just two months after a Chinese research institute and a security firm claimed to have created the first biometric ATM.

According to Planet Biometrics, the bank is deploying the ATM as part of its digital strategy and using VeinID, the finger vein authentication technology pioneered by Hitachi Ltd.

It uses light to analyse the unique vein patterns in users’ fingers.

The bank said the pilot was launched at the CTBC Financial Park in Taipei’s Nangang Business Park.

If the trial goes well, users will be able to withdraw cash from machines without the use of cards or PINs.

However, the bank also noted that the digital service is still subject to regulatory approval and would require the consent of customers.

Hitachi’s VeinID technology is already being used around the world. Barclays has been using the technology for its corporate customers since 2014 and it has been installed in cash machines in Japan and Poland.

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