Indian financial services firm Ujjivan Financial Services announced plans last week to use biometric-enabled ATMs to serve unbanked and underbanked customers, according to a report by The Times of India. Ujjivan is one of 10 entities to receive a small finance bank (SFB) license from the Reserve Bank of India. Financial Software and Systems (FSS) (www.fsstech.com) will be providing its end-to-end “payments in a box” solution for Ujjivan. The new ATMs will provide biometric authentication for customer through fingerprint recognition
↧