FORTY SEVEN BANK will also have there owned Smart ATMs. This is what I found at whitepaper.
"The bank will also oer traditional products and services like insurance, payments and transfers, payment history and analysis, cash withdrawals at Forty Seven Bank Smart ATMs, as well as at ATMs of our partnering banks."
Read it and it's nice plan but I don't seem to understand if they mean smart atm in the contest of an ATM that can be used universally or otherwise?
I'm thinking it has to do with the biometric security system that was stated on their whitepaper if i'm not mistaken, so instead of typing digits as your password, you simply do the fingerprint scanning for identification before having access to your funds
That would be a great improvement.
I have too many numbers or passwords and it is easier and safer with a fingerprint or other biometric security system.
This also have its draw backs. If you watch movie you should know better. If one bag get your finger print out of you by any means, they automatically Have access to your funds. And the option changing it ain't there since you can't really change your body's biometric
Now I am afraid that someone will cut off my fingers :-)
a 100% secure system is probably not, but 47BK will come up with something. It will probably be a combination of biometric data, password and 2FA
Lol, can't stop laughing, i love the biometric system, although i agree with you that a 100% security system is impossible but hey, we are talking high tech features that we may not have seen and also note that is not just fingerprint, the iris of the eye, timbre of the voice and facial features are also involved, that's future tech
OH. Yea. Please Pardon me. When I hear of biometric the first thing that comes to my mind is finger print, these other options you mentioned are alot safer than any other. That's true!