Monday
Apr142008
Banking on Biometrics
Monday, April 14, 2008 at 12:20PM
IrisGuard Inc. announced today that its iris recognition has gone live at the ATMs of Cairo Amman Bank in Jordan. The bank has a network of 124 Automatic Teller Machines extending throughout Jordan and Palestine. Iris recognition at the ATMs enables the bank to register a customer by scanning their iris with IrisGuard's specially designed iris camera. Cairo Amman is the first bank in the world to roll out iris recognition technology on such a large scale.
The thing is, while iris recognition is accurate, it also invades privacy and requires the installation of new, very expensive cameras. Face recognition, on the other hand, can be deployed across existing camera networks for a fraction of the cost and without bank customers noticing any sort of change at all. It's cool technology, but is it an appropriate solution? I'm not sold.
The thing is, while iris recognition is accurate, it also invades privacy and requires the installation of new, very expensive cameras. Face recognition, on the other hand, can be deployed across existing camera networks for a fraction of the cost and without bank customers noticing any sort of change at all. It's cool technology, but is it an appropriate solution? I'm not sold.
Reader Comments (9)
>It is really interesting, but pricey, technology. Does anyone know if Cairo Amman Bank customers are required to enroll their irises? Maybe there is some other optional system in place, which lets customers use traditional smart cards at the ATMs instead.
>This is really interesting, but pricey, technology. Does anyone know if Cairo Amman Bank customers are required to enroll their irises? Perhaps there is some other alternative method available at the ATMs like traditional smart cards.
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