Citigroup Plans Thumbprint ATMs For India's Poor

Posted by kdawson on Saturday December 2, 2006 @10:16AM from the beware-of-gummi-bears dept.

Brad Lucier points out a Financial Times report (carried by MSN Money) that Citigroup is rolling out a network of biometric ATMs aimed at illiterate Indian slum dwellers. From the article: "The machines will recognize account holders' thumbprints, eliminating the need for a personal identification number, and will have color-coded screen instructions and voiceovers to help guide them through transactions... Though India's population exceeds 1 billion, Citigroup estimates that there are only about 300 million bank accounts in the country... 'It's not a philanthropic exercise,' [PS Jayakumar, a Citigroup business manager in India] said. 'For it to be sustainable, we should break even and make a little bit of money.'"

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this is going to leed to allot of... by adaminnj · 2006-12-02 10:22 · Score: 0, Flamebait

Thumbless poor indians.

try to do this in the slumbs of Trenton, Newark, Mexico City, any city or town and no one will be able to pick up there 40.

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