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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?

To: steve who wrote (19846)	2/8/2001 10:36:04 PM
From: steve	Read Replies (1) \| Respond to of 26039

Wasn't there a company named Real Time or something like that that IDX was working with? I remember posting a link a year or two ago that showed a couple of views of an ATM and I believe that Fingerscan was the referenced fingerprint reader. This is a bit dated, Dec 2000. Members scan fingertips for ATM transactions Several credit unions have begun using fingerprint scanning technology on kiosks that have ATM functions, according to ATM & Debit News (Dec. 21). About 60 such machines manufactured by Real-Time Data Management Services have been deployed by credit unions, says the Norfolk, Va.-based company. The kiosks offer members the choice of using cards and personal identification numbers (PINs) or a fingerprint scanner. At three credit unions—First Financial CU in West Covina, Calif.; Employees CU in St. Paul, Minn.; and Kraft Foods FCU in White Plains, N.Y.—nearly all members who use the machines opt for biometrics. First Financial offers three kiosks at its headquarters and satellite offices, and plans to deploy seven more within a year. The machines cost about $35,000 each. Increased security is among the benefits of biometrics. Withdrawal limits can be increased, and the kiosks produce images of checks during deposits. cuna.org Kiosks Always Open for Single-SEG CU By Dianne Molvig The 3,900 members of single-SEG, $18 million Birmingham Post Office Credit Union in Birmingham, Ala., work in three round-the clock shifts, every day, year round. And their credit union is there for them every minute, thanks to a kiosk located in the hallway outside the credit union's office. Manager Betty Dunavent was considering purchasing her first ATM, when she discovered the kiosk at a trade show. "It's about double the cost of a regular ATM," she notes, "but it triples the convenience and safety." Dunavent reports the kiosk costs about $2,000 a month, for the machine itself and maintenance. The kiosk dispenses cash, receives deposits, prints out account histories, provides membership and loan application forms, allows access to open-end lines of credit by cash or check, posts all the credit union's current savings and loans rates, and offers a calculator to compare different borrowing scenarios. At the time of deposit, the kiosk provides the member a photocopy of each deposited item. Kiosk security relies on biometrics, in the form of fingerprint imaging. For additional security, the kiosk's integrated digital camera snaps a picture of each person performing a transaction. The kiosk, designed specifically for the credit union industry, serves as "a 24-hour-a-day, seven-day-a week banner advertisement for the credit union," says Richard Scali, director of the Real Time Kiosk Division, based in Buford, Ga. The credit union signed up 400 new members in the first eight months after buying the kiosk. Dunavent believes the kiosk is a key reason for drawing in new members. "It's part of the image we project," she says, "that we're trying to help our members in every way possible." Dianne Molvig is a free-lance business writer who owns Access Information Service, a Madison-Wis., research and writing company. cues.org Their home page realtimekiosks.com steve