Application Of Biometrics In Financial Transactions:- Simon Ikechukwu A

ABSTRACT

The security ofthe transactions on the Automated Teller Machine (A TM) has been raising many concerns in some parts ofthe world. These concerns are due to series oflimitations in the existing designs of the various service points. The current use of Personal Identification Number (PIN) for ATM user's verification and identification has been susceptible to unauthorized access, misplacement, forgetfulness, card swallowing among others; thereby narrowing down the machine's acceptability and patronage. In this paper, a framework for fingerprint authenticated ATM application is presented. The framework comprises ofmodules for fingerprint enrolment, database and verification. The verification module comprises of fingerprint enhancement, feature extraction and matching submodules, which all rely on suitable mathematical modelsto function. There is also platform for financial transaction including withdrawal and balance enquires