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Thursday, October 4, 2012

Fingerprints the new ATM PINs


ANZ bank is investigating the potential for fingerprint scans at ATMs to fight card skimmers and other crime.

The bank has revealed it will explore introducing controversial technology that stores biometric data, replacing the need for PINs, after research suggested customers were willing to embrace it.

ANZ will today announce a mass upgrade to establish "intelligent" ATMs at 800 locations nationwide over the next two years.

The ATMs quickly credit cash and cheque deposits but the bank has pledged the changes would not result in branch closures or staff cuts.

Newspoll research commissioned by ANZ suggests 79 per cent of people would be comfortable using fingerprint scans to verify identity.

ANZ CEO Philip Chronican told The Daily Telegraph the apparent support for fingerprint scans was surprising.

The Telegraph Australia

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