( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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LATEST TRENDS OF ATM INDUSTRY IN INDIA: OPPORTUNITIES AND CHALLENGES

    1 Author(s):  DR. DEEPA BALIYAN

Vol -  12, Issue- 4 ,         Page(s) : 245 - 251  (2021 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

There is an urgent need for improving security in banking region. With the advent of ATM though banking became a lot easier it even became a lot vulnerable. The chances of misuse of this much hyped ‘insecure’ baby product (ATM) are manifold due to the exponential growth of ‘intelligent’ criminals day by day. ATM systems today use no more than an access card and PIN for identity verification. This situation is unfortunate since tremendous progress has been made in biometric identification techniques, including finger printing, facial recognition, and iris scanning.

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