Biometric Security Transaction in Banking System: The Automated Teller Machine (ATMs) in View

Ogah U. S., Ahmed A. M., Adamu G. M.

Abstract: Automated Teller Machine (ATM) fraud is a growing problem in the banking sector today all around the world, where fraudsters impersonate, uses wrong Personal Identification Number (PIN) to defraud other customers. This has led to the loss of huge amounts of cash by bank customers and even the banks and has created fear in the minds of the bank customers hence loss of confidence on the bank security for their monies. This is as a result of inefficiency in Personal Identification Number (PIN) and password usage in our current ATMs. This paper try to identify the problems associated with the use of convectional ATMs and went further to propose the implementation of Biometric Security in ATMs transaction in the banking industry. This new system will help stop the problems associated with the convectional use of ATMs, hence build customers confidence.

Keywords: Automated teller machine ATM, bank customers, biometric security, fraud