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posted by janrinok on Wednesday October 28 2015, @07:38AM   Printer-friendly
from the point-of-view dept.

Citigroup is testing two concept ATMs from Diebold that will scan a customer's eyes using their cell phone:

The first concept, dubbed "Irving", uses the customer's phone camera to scan their iris instead of having them type in their personal ID number. Diebold estimates that the cash withdrawal process could be shortened to just 10 seconds with this method. The second concept, known as "Janus", is a double-sided ATM that also does away with the card reader. Instead, it can email or text receipts to the user.

Despite growing demand, Citigroup doesn't appear to be in that much of a hurry:

"Larger players sometimes like to wait on the sidelines a little longer to see if a product has merit before investing in it," Javelin analyst Daniel Van Dyk told the WSJ.

The company's reticence is in part due to questions about whether the general banking public is willing, or even able, to submit to regular biometric scans in order to access their hard-earned cash.

Regardless, companies like Citigroup are in the proverbial catbird seat since young people think national banks offer the best mobile services.


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  • (Score: 0) by Anonymous Coward on Wednesday October 28 2015, @11:18AM

    by Anonymous Coward on Wednesday October 28 2015, @11:18AM (#255507)

    What about those who don't have a cell phone? Or just a super-cheapie 'dumb' phone w/o a camera?

    And yeah, as has been pointed out, who the hell would trust biometric data security on a mobile!?

  • (Score: 0) by Anonymous Coward on Wednesday October 28 2015, @01:35PM

    by Anonymous Coward on Wednesday October 28 2015, @01:35PM (#255569)

    it's simple - just like the SS#, the "smart phone" was voluntary. Soon it [smart phone use], or a more advanced human tracking system will be mandatory.

    They really don't give a shit about your privacy. Whether it's a fingerprint or an eye scan, the data has to be stored somewhere, and ultimately that information
    can be leaked.

    Once everything comes together and people are used to chips in everything they will roll out The Mark of The Beast.