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Ogaki Kyoritsu Bank To Introduce Japan's First Biometric ATM

Published: April 11, 2012
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Source: Nikkei

Ogaki Kyoritsu Bank (8361) said Wednesday it will in September introduce Japan's first ATMs that will enable customers to conduct cash withdrawals and other transactions by simply placing their palms over a reader, obviating the need for a card or bank book.

Although ATMs equipped with biometric authentication sensors already exist, those machines still require customers to use cash cards or bank books to withdraw funds.

Customers who want to use the new ATMs of the Gifu Prefecture-based bank must first register certain biological information beforehand at a bank branch. When using the ATMs, customers will be required to enter their dates of birth, hold their palms over the reader and enter their four-digit ID numbers.

The bank says the new ATMs will improve customer convenience. For example, it says customers will still be able to withdraw money even if they lose their cash cards due to a natural disaster.

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