Commercial bank installed ATM fingerprint recognition
The Foreign Trade Bank of Cambodia (FTB) has equipped new high technology for its customers to use ATM (Automatic Tell Machine) which have innovative and advanced functionality to make them easier to withdraw money, which those find modern technology a little scary. The bank installed ATMs with the fingerprint recognition technology that customers do not even need to worry about forgetting their PIN number. Customers can use their fingerprint to withdraw money through ATMs.
At the mean time, FTB’s ATM machines are equipped with voice instruction and simple screen graphics to help customers get the most out of a new way of banking.
Using the fingerprint to identify the bank’s customers and electronic cards users for people who use it for withdraw money through ATM. The use of ATM fingerprint is to prevent anyone from using the card to deal with the customers’ accounts and to prevent cheating the electronic card in case of losing it or knowing its data by any illegal way.
By using fingerprint recognition, customers are more comfortable with the idea of saving their money with the bank because they understand that if they lose their ATM card, no one can replicate their fingerprint and take their money.
FTB has been operating more than 29 years by providing customers with safe and reliable banking services in Cambodia. The Bank was created following Sub-decree No. 1213 dated 10 October 1979 under the former regime of the State of Cambodia. In 2000, the Bank was separated from the direct management of the National Bank of Cambodia (“the Central Bank”) in order to transform its permanent identity into a state-owned commercial bank with the features of a Public Economic Enterprise and with the intention of conducting autonomous business operations.
In January 2001, the Bank obtained its banking license from the Central Bank to operate as a commercial bank in the Kingdom of Cambodia for a period of three years starting from 4 January 2001.
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Seemed that Cambodia is now more advance than industrial countries. Australia is yet to introduce such an ATM (may be Australia think of privacy). Seriously who want to give the bank our finger prints.