Concept device (via Ogaki)
Banking in the palm of your hand, literally.
Ogaki Kyoritsu Bank in Japan will be releasing several ATM’s that use a palm-vein biometric sensor over traditional cards to dispense money. Ogaki’s ATM’s feature Fujitsu’s PalmSecure Sensor which is contactless (making it very hygienic) and uses the veins in your palm as your unique pattern. The sensor is able to detect the vein pattern from a distance of about 2 inches at a speed of 0.8 seconds (detection time: 0.2 sec, capture time: 0.4 sec, authentication time: 0.2 sec). Users who want to use the bio-metric ATM’s will have to register bio-information (vein-pattern) with the bank at which point all the user has to do is enter their birth-date first, palm scan and then enter their 4 digit passcode. Not only is this a novel way of procuring funds but it also has practical aspects as well. For instance; people in a disaster area (think Fukushima Daiichi incident) who have lost all their belongings would be able to get funds that they may need without the use of any documentation or cards. In fact, the Ogaki Kyoritsu Bank even has their own ‘mobile bank’ that deploys in such circumstances! How’s that for customer service?