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English Abstract: Introduction and Research Problem
English Abstract: Introduction and Research Problem
In today's scenario the best way banking and transaction system has been
evolving across the world, the validation, authentication and confirmation
of consumer were necessary and really it should be on priority.
Authentication and verification is simply the part to consider the safety
and confidentiality belonging to the consumers. During the rapid
changing environment it is not possible to keep integrity and authenticity
of consumers. If we lose our ATM PIN, there is much risk of losing our
money and identity. If your identity is hacked by someone then you can
easily lose entire money. In order to avoid most of these frauds we should
start to use some foolproof security solution which you can easily use
with the current available technology. Biometric is among the most
appropriate technologies which you can easily combine with our present-
day technology. We are able to use fingerprints, iris scan, palm scanning
with the PIN authentication and verifications. Even you can easily use
voice recognition also. By combining such technologies we can control
the ATM frauds and so can improve the safety of other financial
transactions.
The process which is used to collect data and information when it comes
to making business decisions. The methodology can sometimes include
publication research, interviews, surveys as well as other research
techniques, and might include both present and historical information. In
this paper we have used existing research papers as well as surveys to get
detailed understanding about the problem. We have studied the research
papers and articles to get the clear idea about the existing system and use
of biometrics to secure the ATM transactions.
Main results: