Ujjivan Financial Services to use biometric ATMs
Author: huifan Time: 2017-08-18
CHENNAI: Ujjivan Financial Services, which is one of the 10 entities to get small finance bank (SFB) from the RBI, on Thursday electronic timesheets said it plans to use biometric enabled ATMs to serve unbanked and under-banked customers.
Financial Software and clock cards Systems (FSS) will be providing its end-to-end "payments in a box" solution for Ujjivan. Apart from providing biometric authentication for customer through fingerprint recognition from the Aadhaar database, the new ATMs will also be able to read EMV cards.
Ujjivan also to have a regional language option in the 24 states, where Ujjivan will operate as a small finance bank.
"We will also support and assist customers who are first time users, by running fingerprint authentication financial literacy, LIVE demonstration and communication program demystifying ATM machines," said the release.