First National Bank in South Africa has launched an ATM called TouchPoint that uses biometrics to validate customer's identities. The bank said the new machine will be installed at its branches and ATMs across the country. In particular, this innovation allows us to advance our partnership with small businesses in local communities to enable affordable banking for customers at community retailers,” she adds. Customers can use the machines for withdrawals, transfers, payments, statements and to open new accounts. Fifty TouchPoints will open in the next six months and the aim is to install them in branches, community retailers and rural areas throughout the country. She said the technology was becoming more widespread so adopting it was an important step in making banking more accessible.
First National Bank in South Africa has launched an ATM called TouchPoint that uses biometrics to validate customer's identities. The bank said the new machine will be installed at its branches and ATMs across the country. Customers can use the machines for withdrawals, transfers, payments, statements and to open new accounts. Fifty TouchPoints will open in the next six months and the aim is to install them in branches, community retailers and rural areas throughout the country. She said the technology was becoming more widespread so adopting it was an important step in making banking more accessible.