This innovative project ideas for students is a desktop application that uses the fingerprint of users for authentication. Since each individual has a unique fingerprint, this method of using fingerprint as a means of authentication to access your ATM is safer and more secure than using an ATM card. Users need not carry their ATM cards with them at all times – they can use their fingerprints to access ATM services.
To use the fingerprint-based ATM system, users must log in to their accounts using their fingerprints. After logging in, once they provide their unique pin, they can conduct all kinds of banking transactions, from withdrawing cash to money transfers, and even viewing their account balance. Furthermore, users can also check the last five transactions from their accounts.
Importance of having a Fingerprint-based ATM system
- Safer and secure transactions
- Fingerprints are unique to individuals. L losing the ATM card does not pose a big issue.
- No requirement to carry an ATM card all the time.
- Non-transferable feature.
- Helps in making transactions easier at any place.
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