Microsoft and NAB trial biometrics for cardless ATMs

guest · Oct 23, 2018

Microsoft and NAB trial biometrics for cardless ATMs
October 22, 2018
https://www.zdnet.com/article/microsoft-and-nab-trial-biometrics-for-cardless-atms/

The National Australia Bank (NAB) is looking towards a cardless future, unveiling a partnership with Microsoft that sees the companies develop a proof of concept Automatic Teller Machine (ATM) to allow customers to withdraw funds using their face.

According to Microsoft, the cloud-based application removes the need for physical cards or devices to access cash from ATMs, with customers able to withdraw cash from an ATM using facial recognition technology and a PIN.

The innovation has been touted as improving the customer experience by removing the need for a physical card, while also reducing the risk of card fraud and skimming.

NAB customers will visit a kiosk which captures their image and links it to their bank card and PIN. The concept ATM asks the user to enter a PIN, providing a second factor of security along with their facial biometric to confirm their identity.
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Microsoft and NAB trial biometrics for cardless ATMs

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