Citigroup Plans Thumbprint ATMs For India's Poor 123
Brad Lucier points out
a Financial Times report (carried by MSN Money) that Citigroup is rolling out a network of biometric ATMs aimed at illiterate Indian slum dwellers. From the article: "The machines will recognize account holders' thumbprints, eliminating the need for a personal identification number, and will have color-coded screen instructions and voiceovers to help guide them through transactions... Though India's population exceeds 1 billion, Citigroup estimates that there are only about 300 million bank accounts in the country... 'It's not a philanthropic exercise,' [PS Jayakumar, a Citigroup business manager in India] said. 'For it to be sustainable, we should break even and make a little bit of money.'"
Re:Hm (Score:2, Informative)
Kind of Scary... (Score:3, Informative)
Considering these results I don't think chopping off thumbs will even be necessary...