Reading Palms
Japan's third largest bank will soon offer a new tool: a system that reads customer palms. However, the Bank of Tokyo-Mitsubishi isn't trying to predict major events in their customers' lives; it is using vein recognition for verification. The bank will be issuing Visa cards with embedded chips that contain a customer's palm vein information. Customers then use their palms to verify the cards at automated teller machines or when transacting business at teller lines. The bank said it polled customers, who felt palm reading was less intrusive than fingerprint scans.
Copyright © 2004 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 14, No. 10, 12/04
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