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DCB Bank launches first iris-based ATM

Press Trust of India  |  Hyderabad 

In a first, mid-sized private sector lender DCB today took a technological lead over its larger rivals by launching an ATM that dispense without a as the machine verifies the customer from the details like the iris and fingerprint.

The high-tech ATM is installed in the in capital, according to a statement from the



The said the machine uses a customer's number for the purpose, through which it scans the iris and fingerprint impression to verify the details of the customer. The new ATM can also accept the normal debit card, though.

The also opened three new branches in the state at Mancherial, Mothe and Narsapur.

On the new technology, DCB chief financial officer Sampat claimed that customers are delighted with the launch of the country's first Aadhaar-based ATM in the state.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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DCB Bank launches first iris-based ATM

In a first, mid-sized private sector lender DCB Bank today took a technological lead over its larger rivals by launching an ATM that dispense cash without a debit card as the machine verifies the customer from the Aadhaar details like the iris and fingerprint. The high-tech ATM is installed in the in Telangana capital, according to a statement from the bank. The bank said the machine uses a customer's Aadhaar number for the purpose, through which it scans the iris and fingerprint impression to verify the details of the customer. The new ATM can also accept the normal debit card, though. The bank also opened three new branches in the state at Mancherial, Mothe and Narsapur. On the new technology, DCB Bank chief financial officer Bharat Sampat claimed that customers are delighted with the launch of the country's first Aadhaar-based ATM in the state. In a first, mid-sized private sector lender DCB today took a technological lead over its larger rivals by launching an ATM that dispense without a as the machine verifies the customer from the details like the iris and fingerprint.

The high-tech ATM is installed in the in capital, according to a statement from the

The said the machine uses a customer's number for the purpose, through which it scans the iris and fingerprint impression to verify the details of the customer. The new ATM can also accept the normal debit card, though.

The also opened three new branches in the state at Mancherial, Mothe and Narsapur.

On the new technology, DCB chief financial officer Sampat claimed that customers are delighted with the launch of the country's first Aadhaar-based ATM in the state.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

DCB Bank launches first iris-based ATM

In a first, mid-sized private sector lender DCB today took a technological lead over its larger rivals by launching an ATM that dispense without a as the machine verifies the customer from the details like the iris and fingerprint.

The high-tech ATM is installed in the in capital, according to a statement from the

The said the machine uses a customer's number for the purpose, through which it scans the iris and fingerprint impression to verify the details of the customer. The new ATM can also accept the normal debit card, though.

The also opened three new branches in the state at Mancherial, Mothe and Narsapur.

On the new technology, DCB chief financial officer Sampat claimed that customers are delighted with the launch of the country's first Aadhaar-based ATM in the state.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22