Biometric Recognition Technique for ATM System
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2016, Vol 4, Issue 3
Abstract
In 1930's, Mr. Luther G. Simijian initiated building first of kind and not so successful version of Tellering machine. He did register related patents. He initially came up with an idea of machine fixed in a wall called as "Hole in the wall machine." It would allow customer to make financial transaction without entering the bank. John S. Barron had an idea in the late 1960's for 24/7 cash dispenser. He was M.D. of De La Rue Instruments. De La Rue today manufactures cash dispensers. You can say that Shepherd Barron invented the ATM system, then the world's first ATM was installed outside North London. It was installed in a branch of Barclay's Bank in 1967. The first bank to introduce ATM in India was HSBC in 1987, Mumbai. The existing self banking system has got very high popularity with 24 hours service. Use of ATM (Automatic Teller Machine) is helpful for money transaction. ATM is activated by placing the card, then entering the pin number of the particular card. But this system is not safe to use because anybody can access the system if they have the card and pin number like we share our card and pin number to our friends who may miss use it. This is the main disadvantage of existing system. Traditional ATM systems authenticate the method has some defects. Using ATM card and password cannot verify the client's identity exactly.
Authors and Affiliations
Shahrukh N. Maniyar, Swapnil A. Adsule, Purushottam A. Ekkaldevi, Rahul Bhivare
Keywords
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- EP ID EP21790
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