Eye-scan technology enters Jordan financial sector

18 May 2009

Jordan has become the first country to use eye-print technology in the financial sector, Imad Malhas, CEO of IrisGuard, told Jordan Times. Called the 'IrisGuard iBank Suite', the new technology uses cameras to obtain eye-print from customers and then process transactions accordingly. The new technology has been incorporated into Cairo Amman Bank's ATM machines and tellers' windows and has reduced transaction times from 6-9 minutes to 45 seconds.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications