Multi-Factor Authentication in Relation to Secured Payment Systems in ATM's

A vision of the future where no one needs pockets to holding cards and tension in the mind for losing the cards or theft is the main objective for writing this paper. There are already stores in Germany, the UK, and the U.S. that have implemented fingerprint technology for biometric payment. The aim is to extend the client base to those customers who have no valid passport, drivers' license or even do not know their date of birth. Biometric authentication has become more and more popular in the banking and finance sector.

Provided by: Transstellar Journal Publications and Research Consultancy Private Limited (TJPRC) Topic: Security Date Added: Jun 2012 Format: PDF

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