To: steve who wrote (16170 ) 1/3/2000 8:28:00 PM From: steve Respond to of 26039
To all, Fingerprints to beat bank fraud By GEORGINA SAFE 4jan00 AUTOMATED teller machines would work on fingerprints, and telephone banking on voice recognition, in plans by banks and police to stamp out identity fraud. A national electronic gateway would also allow banks to check identity documents with issuing authorities, under separate plans in a submission by the Australian Bankers Association to a Senate inquiry. The submission to the Senate Standing Committee on Economics Finance and Public Administration calls for national standards in identity documents and better security features, such as biometrics. Biometric identification using unique human characteristics, such as voice, eyes and fingerprints, is currently being trialled by two banks in Sydney, including investment bank ABN AMRO. Under a proposal being considered by Victorian police and the ABA, a tiny silicone chip holding details of each customer's fingerprint would be embedded in all ATM cards. Customers would be issued with a pin or "byte" number matching their encrypted fingerprint code in order to access their funds. Police have also advised ABA members to consider using biometrics to stop people abusing the 100-point identification system by using counterfeit documents to open accounts. Biometrics would also be used by customers to pay bills by telephone without entering a pin number under the plans. ABA associate director Ian Woods said yesterday banks were developing the biometric revamp along with the Victorian Major Fraud Squad and information security company Rofin Australia. "There is a real need to improve the security features of documents issued for identification and biometrics offers that ability," Mr Woods said. Financial institutions would enter details for documents such as passports, Medicare cards and drivers licences. news.com.au :80/news_content/national_content/4228862.htm steve