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biometric authentication of an automated teller machine using finger print and password

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

Statement of the Problem

The existing system is plagued with the following problems;

 

  1. Traditional authentication systems cannot discriminate between an impostor who fraudulently obtains the access privileges and the real owner.
  2.  Passwords and PINs can be illicitly acquired by direct covert observation.
  3.  Easily guessed PIN's and passwords e.g. birthday, 1234 etc.
  4. Malware can be placed at the ATM terminal by fraudsters to capture magnetic stripe data and PIN codes from the private memory space of transaction processing application installed on the ATM.

 

1.3      Aim and Objectives of the Study

The aim of this project is to design an ATM simulator that will combine PIN (Personal Authentication Number) verification system with finger print biometric system for more reliable authentication. The system is designed with the following objectives.

  1. To explore the problem associated with the existing password Based system and pose the possible solutions
  2. To develop a payment system simulator  with secure authentication using combination of biometric technology and Password (PIN)
  3. To implement the system with various customer biometric and PIN data and test its functionality and robustness.

 

 

 

1.4     Significance of the Study

In present age, security has become an essential and fundamental tool of every organization. If we talk about money it comes with great importance. In the banking system, it is also a very confidential issue. The principle motivation behind ATM machine is to safeguard cash and ensure easy and fast accessibility to cash. But as of late a few security issues have emerge concerning the ATM. The significance of this project is the huge benefit it is going to be to the bank worker, the bank management and the customer at large. For  the bank management it will reduce the huge amount of cash lost to ATM fraud every year. The time spent by bank workers to resolve cases of ATM fraud too will be reduced thus affording them time for more pressing issues. Most bank provide the single (PIN) password authentication to their customers for ATM transactions but now a days it is no longer enough to guide the data  and proof the identity of the





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