Review of Smart ATM Machine

Review of Smart ATM Machine

Author Name : Sonali Mishra, Anusha K S, Bhuvana G R, Raghunatha Reddy B N , Mubarak Sharif

ABSTRACT In today's evolving technological landscape, ATM security faces increasing challenges from sophisticated cyber threats and fraudulent activities. Traditional authentication methods, primarily relying on PINs and cards, have become increasingly vulnerable. To address these concerns, biometric authentication, particularly fingerprint recognition, is emerging as a crucial security enhancement for ATMs. Fingerprint recognition systems capture and analyze an individual's fingerprint, comparing it with stored templates in a secure database.By incorporating fingerprint recognition into ATM systems, banks can significantly enhance security measures, safeguarding customer funds and minimizing financial losses due to fraudulent activities. Eliminating the need for PIN entry and card swiping can significantly reduce transaction times, improving efficiency and convenience for ATM users. As technology continues to advance, more sophisticated biometric modalities, such as iris recognition and facial recognition, are being explored for integration into ATM systems, offering even greater levels of security and convenience. By embracing biometric authentication, the banking industry can proactively address emerging security threats, enhance customer trust, and ensure the continued safety and reliability of ATM services in the digital age.