Finger Vein Recognition (FVR) is an exciting technology that enhances the security of ATM transactions and provides benefits for both the bank and the end user. FVR is highly reliable and accurate, offering demonstrably higher performance when compared with other biometric technologies. The impact of FVR on the ATM solutions market is clearly demonstrated by Japanese banks rolling out the technology across the country.
KAL has incorporated support for the FVR devices from Hitachi-Omron (HOTS) into our Kalignite software suite and now supports it in all our multivendor ATM/kiosk solutions. Japanese banks incentivise its use through higher withdrawal limits for FVR-secured transactions – a great way to encourage the use of this new technology without forcing customers to do so.
Indeed, there is more good news for banks – this new technology can be retrofitted to existing ATMs and consequently the bank does not need to wait for the ATM replacement cycle to purchase FVR-enabled ATMs.
KAL is delighted to be at the forefront of incorporating and supporting this emerging technology to the global marketplace for ATM and kiosk projects. Greater security is now, literally, at your fingertips.