The implementation of an improved fingerprint payment verification system

Authors:
Woong-Sik Kim;Weon-Hee Yoo
Affiliations:
Department of Electronics & Information Engineering, Konyang University, Nonsan, Chungnam, South Korea;Department of Computer Science & Information Engineering, Inha University, Incheon, South Korea
Venue:
KES'06 Proceedings of the 10th international conference on Knowledge-Based Intelligent Information and Engineering Systems - Volume Part I
Year:
2006

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Abstract

In the world security market, the size of the biometric industry is gradually increasing, of which the fingerprint verification is recognized of its superiority and marketability in terms of relatively low cost, light weight and easiness to input bio-information, compared to other biometric methods[1,2]. This paper proposes a method to utilize the strengths of the fingerprint verification for credit card dealing. The example of the utilization of the credit card payment is the model business of fingerprint verification credit card payment applied for three months in large domestic marts in Korea, to discuss the possibility to settle the non-medium credit trading by the biometric technology and the applicability to the financial services.