Problem statement
Security Concerns: Traditional ATM systems are susceptible to various security threats,
including card skimming, PIN theft, and unauthorized access.
Identity Theft: Stolen or lost ATM cards can lead to identity theft, as fraudsters can
easily use the card along with a compromised PIN.
Transaction Authentication Delays: The conventional ATM authentication process
involves card insertion, PIN entry, and transaction approval, leading to time-consuming
transactions.
Abstract
The Biometric ATM System aims to address the existing security concerns associated
with traditional ATM systems by implementing advanced biometric authentication
methods. This system utilizes cutting-edge technologies to enhance user security,
reduce the risk of identity theft, and streamline transaction authentication processes.
Outcome
Facial Recognition : Implement advanced facial recognition technology to authenticate
users based on unique facial features.
Fingerprint Scanning : Utilize fingerprint scanners for biometric verification, providing
an additional layer of security.
Dynamic PIN Generation : Integrate dynamic PIN generation based on biometric data,
ensuring that the PIN is unique to each transaction and reducing the risk of unauthorized
access
Reference
Security system is the main issue in today’s life. As security system is growing up, iris recognition and biometric system are emerging as important methods of biometrics based identification systems. These systems have improved the quality of personal authentication in a significant way which play a vital role in global, nation and personal security. Nowadays iris recognition is getting more popular in terms of security. Iris pattern is more stable with ages, uniqueness, acceptability. Because of its high reliability and good rates of recognition, iris recognition is therefore used for highly secure locations. With the arrival of ATM banking has become much easier and it has also become more accessible. The product (ATM) it is manifold due to the highly increasing risk of intelligent criminals. Due to which the banking services are in danger and not secure. This situation is getting progressed as huge progress is made in biometric recognition techniques like fingerprint and iris scanning. Customers password can be encrypted using selective article points. Therefore, a system is needed which is more secure and provides safe transactions and also help from various frauds. This system is more secure and fast and helps to provide better facilities.
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