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A New Technology
Beginning of paper
coming to automatic teller machines this summer could mean the end of those pesky personal identification numbers, or PINs. Instead of asking you for a PIN, the ATM will scan the iris of your eye (that’s the colored part) to identify you.
It may sound like science fiction, but these ATMs are already in use in Tokyo and London, and a few .... Middle of paper .... find, photograph and match your iris.
The security benefits are obvious: no two people, not even identical twins, have the same iris. While cards and PINs can be stolen, irises cannot. Van Naarden says iris-scanning is also being used overseas at teller windows, kiosks, vaults, and safety deposit boxes.
Stopping Fraud, Saving Money And in an industry that loses billions each year to various forms of fraud, a near-foolproof identification sys ....
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Number of words: 365 Number of pages: 2 (approx. 250 words per double-spaced page)
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