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Japanese company uses biometrics in lieu of cards
July 23, 2007
Fairfax Digital:Taking the idea of a cashless society to a new level, Japan's JCB Co. Ltd. has announced plans with Hitachi Ltd. to release technology that lets customers pay by scanning their fingers rather than using cards. The system uses biometric technology to identify the veins on a person's finger, which can then serve as a credit card or ATM card.Hitachi plans to launch an experiment in September involving 200 of its employees to see if the technology is commercially viable.
Banking Executive SummaryTrends / StatisticsDebit / CreditOtherNorth AmericaBiometricsAsia, Australia & PacificBank / Credit Union
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