Privacy concerns, expense keep biometrics at bay in U.S.

Privacy concerns, expense keep biometrics at bay in U.S.
Tags: Bank / Credit Union, Security, Software
October 9, 2005

Associated Press: Colombia is one of the few places in the world where banks are using fingerprint biometrics to verify an ATM customer's identity. That type of technology has yet to penetrate the U.S. banking market because of concerns about expense and privacy. ATM manufacturers have found budding markets for the fingerprint technology in South America, where citizens already are accustomed to the use of fingerprints for general identification, such as ID cards they carry.