It Has Begun: 666 Retinal Scans For Banking, Buying, Selling, And The Majority Of People Say . . . They Are Ready For It!

Monday, October 8, 2012
By Paul Martin

Retinal scans for banking?

Frasercoastchronicle.com.au
5th October 201

THE days of having to carry a piece of plastic and remembering a PIN number to access your money could become a thing of the past.

ANZ this week unveiled research which showed a majority of people would be comfortable using retina or fingerprint scanning technology at ATMs instead of PIN numbers.

Carried out by Newspoll for ANZ, the research also revealed Australians were increasingly embracing digital banking, but still wanted face-to-face interaction for “big ticket” items like applying for a loan.

The release of the survey coincided with ANZ unveiling plans to invest $1.5 billion over the next five years in new technologies, including the rollout of 800 “next generation” automatic teller machines and installing video-conferencing in regional branches.

Video-conferencing is already available in 40 regional branches – mostly in Queensland – with that number to reach 43 by the end of the year as the service is extended to Murwillumbah and Roma and one in South Australia.

ANZ said video-conferencing gave customers greater access to specialist advice for home loans and financial planning.

A spokesman told APN Newsdesk video-conferencing would not pose a threat to jobs in regional branches.

“It’s about providing a service that wasn’t otherwise provided,” the spokesman said.

“We are using technology to improve service in regional areas.”

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