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Biometrics To Replace Atm's Soon - CBN - Business (4) - Nairaland

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Re: Biometrics To Replace Atm's Soon - CBN by nsien1(m): 10:20am On Nov 21, 2017
Maisillion:
Thats good nt until they start cutting people fingers off.this might be the worst
My brother,you just read my mind.CBN should consider safety of live first before they implement it.
Re: Biometrics To Replace Atm's Soon - CBN by ORACULUM(m): 11:07am On Nov 21, 2017
End time stories...
waiting for the chip
Re: Biometrics To Replace Atm's Soon - CBN by Lirqur: 11:19am On Nov 21, 2017
ORACULUM:
End time stories...
waiting for the chip

by 2025 that will be ready.
Re: Biometrics To Replace Atm's Soon - CBN by sirusX(m): 11:21am On Nov 21, 2017
MrWondah:
In their bid to curb fraud they are complicating things for the common man.
So if my papa dey sick and I need to withdraw money from his account I go first cut him finger ?

Make them no forget mobile and internet banking dey o
I wonder how dem wan do this one for internet banking...the main wire wire
Re: Biometrics To Replace Atm's Soon - CBN by noskcid(m): 11:22am On Nov 21, 2017
Mark of the beast on the way
Re: Biometrics To Replace Atm's Soon - CBN by sirusX(m): 11:22am On Nov 21, 2017
classicalbenson:
at least my pospsi wount be sending me to go and stand on the long queue for him
he will be going himsef
Chaii...see shidren wey dey run from errand cheesy grin
Re: Biometrics To Replace Atm's Soon - CBN by Omuneizzy6(m): 11:27am On Nov 21, 2017
why not go for facial instead of thumb... At least face will be ok. Because nigeria is not a safe place to carry out that system....even the devil remoting nigeria will be surprise to see what will happen.
Re: Biometrics To Replace Atm's Soon - CBN by ORACULUM(m): 11:30am On Nov 21, 2017
pretty shocked Soon
Lirqur:


by 2025 that will be ready.
Re: Biometrics To Replace Atm's Soon - CBN by Lirqur: 11:32am On Nov 21, 2017
ORACULUM:
pretty shocked Soon

For real man, if not sooner than that self, chill and see the destruction coming.
Re: Biometrics To Replace Atm's Soon - CBN by petchi: 11:48am On Nov 21, 2017
Chai! That means my wife won't be able to help me withdraw money again.
Re: Biometrics To Replace Atm's Soon - CBN by cinolala(m): 11:54am On Nov 21, 2017
theunnamed:
This is not good

Yes ooo
with dis in place ones account can b easy acces by frnds,wife,chikdrn,relation,house help even arm robber.
Re: Biometrics To Replace Atm's Soon - CBN by cinolala(m): 11:57am On Nov 21, 2017
petchi:
Chai! That means my wife won't be able to help grin me withdraw money again.
But she can steal ur money undecided
Re: Biometrics To Replace Atm's Soon - CBN by Peace2love: 12:01pm On Nov 21, 2017
Not good at all, if u enter one chance, they will just take u to the nearest ATM and........


Nigerians don't need this, because of our poor security system.

1 Like

Re: Biometrics To Replace Atm's Soon - CBN by Ishilove: 12:05pm On Nov 21, 2017
GAZZUZZ:
Not cool. Robbers will take off fingers.
Lmao!
Re: Biometrics To Replace Atm's Soon - CBN by ORACULUM(m): 12:06pm On Nov 21, 2017
America and North Korea on ma mind
Lirqur:


For real man, if not sooner than that self, chill and see the destruction coming.
Re: Biometrics To Replace Atm's Soon - CBN by theunnamed: 12:13pm On Nov 21, 2017
cinolala:


Yes ooo
with dis in place ones account can b easy acces by frnds,wife,chikdrn,relation,house help even arm robber.



What are you saying? undecided
Re: Biometrics To Replace Atm's Soon - CBN by Exjoker(m): 12:40pm On Nov 21, 2017
Some people fingers can hardly be accepted by biometric machines.
Re: Biometrics To Replace Atm's Soon - CBN by Nobody: 1:00pm On Nov 21, 2017
Fingerprint cloning 101.
Re: Biometrics To Replace Atm's Soon - CBN by anyicash(m): 1:14pm On Nov 21, 2017
What about a situation where the owner of an account can't move around due to an unforseen contigencies such as accident etc.. How can he or she be saved in this situation?
Re: Biometrics To Replace Atm's Soon - CBN by adudu208(m): 1:15pm On Nov 21, 2017
IamaNigerianGuy:


Not true.
https://www.engadget.com/2013/09/16/why-a-disembodied-finger-cant-be-used-to-unlock-the-touch-id-se/
Re: Biometrics To Replace Atm's Soon - CBN by mo6x6: 1:23pm On Nov 21, 2017
shocked
amunkita:
People would exhume corpses just to get their fingers..

Ambulance would be seen queuing at ATM gallery...

Finally, thumps would start missing nd won't be surprise seeing people protect their fingers with "burglary proof"...

1 Like

Re: Biometrics To Replace Atm's Soon - CBN by Gamusgamus: 1:24pm On Nov 21, 2017
Maisillion:
Thats good nt until they start cutting people fingers off.this might be the worst
Honestly, you just said what came up in my mind
Re: Biometrics To Replace Atm's Soon - CBN by Ademascot: 1:36pm On Nov 21, 2017
End time syptoms!
Hear the voice of one crying in the wilderness.... Prepare the way of the Lord Make his path Straight..
Accept JESUS today the only bridge that links you to heaven!
Shallom!!!
Re: Biometrics To Replace Atm's Soon - CBN by honourable356(m): 1:39pm On Nov 21, 2017
I Object due to the following demerits... And I want to believe that the disadvantages outweigh the advantages!!!!

1. It becomes practically impossible for an incapacitated dad or mom send any of their kids to withdraw money on their behalf with an ATM.

2. If pin/password is erased, it doesn't in anyway reduce crime.... it could escalates it. Murder would be common.

3. In an event of a sudden death of a man, especially in a remote place while the family of the man is not aware, a criminal could easily cut of his/her finger... and, well your guess is as good as mine.

In conclusion, they might be some advantages but the disadvantages is terrifying. Murder may be common in the society.
Re: Biometrics To Replace Atm's Soon - CBN by ArcGibson(m): 1:49pm On Nov 21, 2017
I doubt if it will work... The finger print can't work cos some people's finger are worst. I can remember the time of using finger print for voting
Re: Biometrics To Replace Atm's Soon - CBN by IamaNigerianGuy(m): 2:05pm On Nov 21, 2017
adudu208:

https://www.engadget.com/2013/09/16/why-a-disembodied-finger-cant-be-used-to-unlock-the-touch-id-se/

From the first line ...

"When a lot of folks think of fingerprint-scanning technology, they often assume there's a single way to do it, but nothing could be further from the truth. There are actually more than a half-dozen different technologies -- and combinations thereof -- that various devices employ to read prints, with varying levels of reliability, and yes, some of them would indeed work with a finger you chopped off of a dear friend, but the Touch ID sensor on the iPhone 5s isn't one of them"

the vast majority of fingerprint sensors are not as efficient as that on the Iphone. Many do not even need your finger to be hacked; an image can be gotten from a picture, digitally scanned, and a finger reconstructed using a 3D printer. This was done to the German defense minister in 2014:
https://www.theguardian.com/technology/2014/dec/30/hacker-fakes-german-ministers-fingerprints-using-photos-of-her-hands
Thats one reason why European politicians have been advised by security agencies not to flash v-signs.

Nice article anyway. Thanks
Re: Biometrics To Replace Atm's Soon - CBN by adudu208(m): 2:36pm On Nov 21, 2017
IamaNigerianGuy:


From the first line ...

"When a lot of folks think of fingerprint-scanning technology, they often assume there's a single way to do it, but nothing could be further from the truth. There are actually more than a half-dozen different technologies -- and combinations thereof -- that various devices employ to read prints, with varying levels of reliability, and yes, some of them would indeed work with a finger you chopped off of a dear friend, but the Touch ID sensor on the iPhone 5s isn't one of them"

the vast majority of fingerprint sensors are not as efficient as that on the Iphone. Many do not even need your finger to be hacked; an image can be gotten from a picture, digitally scanned, and a finger reconstructed using a 3D printer. This was done to the German defense minister in 2014:
https://www.theguardian.com/technology/2014/dec/30/hacker-fakes-german-ministers-fingerprints-using-photos-of-her-hands
Thats one reason why European politicians have been advised by security agencies not to flash v-signs.

Nice article anyway. Thanks

My point is that a common criminal in Nigeria who decides to chop off fingers just to used it to gain access to people's account fraudulently will be disappointed.

The technology in an iphone 5s will be definitely inferior to what will be used in such cash machines.
Re: Biometrics To Replace Atm's Soon - CBN by Obunike99(m): 7:33pm On Nov 21, 2017
This is not cool at all.
Re: Biometrics To Replace Atm's Soon - CBN by tk4rd: 7:29am On Nov 22, 2017
Cut the person's finger naa
Re: Biometrics To Replace Atm's Soon - CBN by Mryacks: 11:05am On Nov 22, 2017
BigBelleControl:
What about those who need to make withdrawals but are in the hospital?

What about handicaps with no fingers?

What about those who may lose their fingers to accident?

What if the finger print is cloned?

No perfect security feature exist but the card and the pin is still a convenient option.

Very sensible & good questions..

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