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Inlaks boosts financial inclusion with fingerprint-enabled ATMs

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INLAKS Computers, a foremost Information Communications Technology (ICT) infrastructure and solutions provider, has introduced Hyosung Fingerprint Biometric Automated Teller Machines (ATMs) into the Nigerian local market, to further drive the financial inclusion scheme of the Central Bank of Nigeria (CBN).

  The Managing Director/CEO, Africa Operations of Inlaks, Femi Adeoti, said the latest development is in line with the company’s core vision of delivering greater value and benefits to the financial sector of the Nigerian economy and the West African region.

  Adeoti, who described the deployment of the new Hyosung fingerprint biometric ATMs as a giant stride for the organisation, explained that the ATMs do not only provide convenience and security to the diverse customer segments in Nigeria, but also align with the financial inclusion strategy of CBN to address the unbanked population through the channel.

  According to him, “this is a great feat for Inlaks especially at this period when fraud prevention and building customer confidence on the use of electronic channels are key to customer acquisition and the retention strategies of the financial institutions.”

  With the introduction of this technology, which is globally acclaimed as one of the most secure forms of customer identification on ATMs, Inlaks, according to Adeoti, has again demonstrated its leadership in the delivery of innovative solutions and compliance with market regulations.

  It would be recalled that Inlaks was the first ATM vendor in Nigeria to deliver Windows7 ATMs from Hyosung to the market early last year in compliance with the CBN and Microsoft global directive on exit of Windows XP on ATMs.

  Explaining how the fingerprint biometric ATM work, Inlaks’ Director for Sales and Strategy for e-business, Tope Dare, said: “The new security technology on Hyosung ATMs would be available to existing cardholders, who may wish to adopt biometric authentication as part of their transaction approval process on their bank’s Biometric enabled ATMs.”
   



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