CHENNAI: Ujjivan Financial Services, one of the ten 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 provide its end-to-end “payments in a box” solution for Ujjivan. The new ATMs will also be able to read EMV cards and provide biometric authentication for the customer through fingerprint recognition from the Aadhaar database.
“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.
