BANKING AFFAIRS

Detailed explanation-1: -Biometric ATM cards are generally issued for which of the following? Notes: Biometrics ATM offer ATM type interface along with at-least one Biometrics capture device like Fingerprint Scanner, Iris camera, Palm/Finger Vein scanner, Face recognition camera.

Detailed explanation-2: -Biometric ATMs are self-service cash machines that use a biometric measure to identify customers and allow them to withdraw cash.

Detailed explanation-3: -Bengalaru, the capital of India’s Karnataka state, now has its first biometric ATM.

Detailed explanation-4: -EMV cards use end-to-end encryption to hide user details and protect data from being stolen. Contactless cards use tokenization for further encryption, while biometric cards go one step further and include a fingerprint scanner to confirm the identity of users.

Detailed explanation-5: -FUNCTIONAL REQUIREMENTS: Add Pin Code:-User has to add pin code in order to do transactions. Withdrawal of cash:-User can withdraw cash by entering the amount he want to withdraw. View Balance:-User can view balance which is available in his respective account.