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Fingerprint Authentication System For Atm Security Applications
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1.4 Scope of the Study
This
study is on implementing ATM security using the finger print. There is a
centralized database to take care of customers’ personal and biometric
data. The system is designed to query the database by inputting a user
finger print and if it matches with the one in a system it will generate
a 4-digit number that will enable the user to continue with his
transactions.
1.5 Significance of the Study
The current
system of passwords and pin numbers needed to access financial services
has drawn a lot of criticism of late due to the increasing incidents of
hacking. The system is at the mercy of hackers, who use the hacked data
to draw funds from the victims account. This is where Biometrics with
its foolproof system comes in. Some of the reasons for building this
system include:
vIncrease security - Provide a convenient and low-cost additional tier of security.
vReduce fraud by employing hard-to-forge technologies and materials. For e.g. minimize the opportunity for ATM fraud.
vEliminate
problems caused by lost ATMs or forgotten passwords by using
physiological attributes. For e.g. prevent unauthorized use of lost,
stolen or "borrowed" ATM cards.
v Replace hard-to-remember secret digits which may be shared or observed.
vIntegrate
a wide range of biometric solutions and technologies, customer
applications and databases into a robust and scalable control solution
for facility and network access
vMake it possible, automatically, to know WHO did WHAT, WHERE and WHEN!
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