ATM Iris Recognition Coming Soon
Anonymous Cow writes "In Australia, iris technology is already being used by Qantas Airlines, Sydney Airport, foreign embassies, some banks and TAFE colleges, the Australian Protective Services, the Defence Department and the Police Integrity Commission. It is predicted that within five years every ATM in Australia will have iris recognition technology."
The financial institution, just like they do with your PIN these days.
This isn't very different from fingerprint recognition. Chances of the iris changing are pretty slim.
And if your recognition suddenly stops working for some reason, go to the bank and get rescanned for the master copy.
Here's a (somewhat dated) story on CNN with more detail.
CNN Story on iris recognition