Finance

Ujjivan Financial Services to use biometric ATMs

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CHENNAI: Ujjivan Financial Services, one of the 10 entities to get a small finance bank (SFB) from the RBI, said it plans to use biometric-enabled ATMs to serve unbanked and under-banked customers.

Financial Software and Systems (FSS) will be providing its end-to-end “payments in a box” solution for Ujjivan. Apart from providing biometric authentication for the customer through fingerprint recognition from the Aadhaar database, the new ATMs will also be able to read EMV cards.

Biometric ATMs

“We will also support and assist customers who are first-time users by running financial literacy, LIVE demonstration, and communication n program demystifying ATMs,” said the release.

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