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Biometric Authentication Of An
Automated Teller Machine Using
Finger Print And Password
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CHAPTER ONE
INTRODUCTION
1.1 Background to the Study
In the olden days, financial institution in Nigeria did almost all their transactions
manually, to allow customers perform their financial transactions and other banking
processes. The customers have to form a queue which ends up consuming a lot of
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consumer’s time and is not always efficient. In view of this and the fast wind of IT
sweeping through Nigeria, had lead the bank to the utilization of an electronic device
known as Automatic Teller Machine (ATM) for performing transaction without the
physical presence of a bank delegate. Automated teller machine is a mechanical
device that has its roots embedded in the accounts and records of a banking institution.
It is a machine that allows the bank customers to carry out banking transactions like
deposits, transfers, balance enquiries, mini statement, withdrawal and fast cash e.t.c.
The ATM has gained wide utilization due to the 24 hours service it provides to
customers. Khatmode R. K. et al,(2014).
Nearly 10 years since its introduction in Nigeria, the ATM has become the favored channel of financial transaction by most Nigerians. However, the expanding and wide acceptance of the ATM by the member of the public has led to a need to further build and enhance the security and integrity of the system. Utilization of ATM (Automatic Teller Machine) is helpful for monetary transaction. ATM transaction is initiated by inserting the ATM card and typing the PIN (Personal Identification Number) of that specific card. Despite the fact that bank allows their customers to choose their PIN, this system is not safe to use because anybody can access the system if they have the card and PIN number. The system looks at the code against a stored list of approved authorized passwords and users. PIN typically in a form of four digit combination of numbers that is entered via the ATM panel. If the code is genuine, the system permits access at the security level approved for the owner of the account. The strength of PIN as a security system is weakened and the likelihood of the code leaking to other people is high. In recent time, due to fraudsters advancements and technological improvement it is now possible to fix ATM Card scanners in ATM Machine to acquire encoded information from ATM Card, which is again used to create a copy of the ATM card and to make fraudulent transactions. This is the primary impediment of the current system. Conventional ATM systems authentication method has some limitations. Using ATM card and password cannot;
- Verify the client's identity exactly.
- Protect the card user against theft.
- It is easy for fraudsters to get the PIN and perform fraudulent transactions.
- Protect customers from Vulnerabilities and the increasing wave of criminal activities occurring at Automated Teller Machines (ATMs.) This has called for a more secure method of authentication at the ATM terminals. Biometrics based authentication is a potential technique in increasing ATM security. Among all the biometrics, fingerprint based identification is one of the most mature and proven technique. Biometric is a Greek Words, Bio means life and metric means measuring some objects that have life. Biometric measures both physiological and behavioral characteristics. These characteristics are finger prints, Voice patterns, hand measurements, irises and others (although this project will be limited to fingerprints alone). These characteristics are used to identify an individual, they are connected to an individual and cannot be forgotten, stolen, shared or easily hacked like passwords.
Finger Print technology is the initial biometric science that uses unique
features of the fingerprint to identify or verify the identity of an individual. Finger
Print technology is the most deployed technology among other biometric
characteristics and it application ranges from physical access to logical access. Each
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1.4 Significance of the Study In present age, security has become an essential and fundamental tool of every organization. If we talk about money it comes with great importance. In the banking system, it is also a very confidential issue. The principle motivation behind ATM machine is to safeguard cash and ensure easy and fast accessibility to cash. But as of late a few security issues have emerge concerning the ATM. The significance of this project is the huge benefit it is going to be to the bank worker, the bank management and the customer at large. For the bank management it will reduce the huge amount of cash lost to ATM fraud every year. The time spent by bank workers to resolve cases of ATM fraud too will be reduced thus affording them time for more pressing issues. Most bank provide the single (PIN) password authentication to their customers for ATM transactions but now a days it is no longer enough to guide the data and proof the identity of the customer. It is so easy for fraudsters to obtain the PIN and perform fraudulent operation on ATM. To guide against this type of frauds bank can utilize dual user verification system so that banking operations becomes more secure.
Furthermore, there is a sense of mistrust with PINs and Bank customers may
feel that it is unsafe because they are worried that in the event that they lose their card
that someone may find it and some way or the other is able to determine their PIN and
steal their money from the ATM. In other to eliminate this threat, this project will
focus on a consolidated strategy i.e. costumers insert their card & PIN, if costumers
insert valid PIN then access is grant to another security approved process i.e.
biometric fingerprint. Utilizing legitimate PIN & biometric fingerprint costumer can
perform ATM transaction process i.e. deposits, transfers, balance enquiries, mini
statement, Fast cash & withdrawal etc. By using fingerprint recognition combined
with the old PIN method, customers are more comfortable with the idea of saving their
money with the bank because they understand that if they lose their ATM card, no one
can replicate their fingerprint and take their money. In banking system Biometrics
holds the guarantee of quick, easy to utilize, precise, reliable, and less expensive
authentication.
1.5 Scope of the Study
The scope of this project describe the simulation of an automated teller machine with
the capability of the combination of both biometric (fingerprint) and password (PIN)
based authentication with a view to provide a more secure Online banking transaction
on ATM: Only banking system is captured. The biometric authentication system will
consists of five main components. These are: sensor, feature extractor,
fingerprint/template database, and matcher and decision module.
1.6 Limitations of the Study
Benefits and Limitations are two side of one coin. Biometric ATM is useful for every
aspect, but its limitations are given below:-
§ It depends on user acceptability.
§ Obtaining a clean image upon which to perform matching may be difficult due to
Fingerprint worn out or cut due to hard labor work or age.
§ The requirement of biometric devices in ATM Machines will improve the cost of ATM
Machine.
§ Since the simulated system will be design using Visual Basic.Net, it won’t be able to run
on any other operating system beside Microsoft window operating system.
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§ Due to the two step authentication process, the time it takes to perform a transaction will
be increased.
§ Distinctiveness.: while a biometric trait is expected to vary significantly across
individuals, there may be large inter-class similarities in the feature sets used to
represent these traits.
1.7 Definition Of Terms
1. Biometric
Biometric is the science and technology of measuring and statistically analyzing
biological data
2. Simulation
Simulation is the imitation of the operation of real world process or system over time
3. ATM
Automated Teller Machine is an electronic banking outlet which allows customers of
various banking institutions complete basic transaction without the aid of a bank
representative, teller or without being physically present at the bank.
4. PIN
Personal Identification Number(PIN) a secret numeric password shared between a
user and the system, that can authenticate the user to the system.
5. Authentication
This is the process of identifying an individual usually based on a username and
password with the aim of granting access to a system
6. Verification
Verification is the process of determining whether an individual is who he/she claims
to be
7. Debit
This refers to the money paid out of a customer’s bank account. It is an entry recorded
on the left side of a ledger.
9. Credit
This refers to the money paid into a customers bank account, it is an entry recorded on
the right side of a ledger.
10. ATM Card
ATM card is a small plastic card design with a magnetic strip or chip base, which can
be assign by banks to their customer to provide an authorize access to his/her account
using an electronic card payment system (i..e ATM, POS etc). Each card contains
some features like a card number which contain the bank code, the customer name and
the expiry date. It contains some security features which normally inculcated in the
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Peter, A. and Sylvia, I. (2008).Report on theLiterature Study of Iris Biometric
Recognition: Linköpingsuniversitetet, Sweden. Accessed on the 3 November,
2014 from https://www.ida.liu.se/~TDDD17/oldprojects/2008/projects/6.pdf
(https://www.ida.liu.se/~TDDD17/oldprojects/2008/projects/6.pdf) Khatmode R, K. et al,( 2014). ARM7 Based Smart ATM Access & Security System Using Fingerprint Recognition & GSM Technology: Pravara Rural engineering college, loni, Maharashtra, India. Accessed on the 3 November, 2014 from http://www.ijetae.com/files/Volume4Issue2/IJETAE_0214_147.pdf (http://www.ijetae.com/files/Volume4Issue2/IJETAE_0214_147.pdf) K.Senthil Kumar and Dr.S.Vijayaragavan.(2014). New Secured Architecture for Authenticationin Banking Application: Paavai Engineering College,Nammakal, India. Retrieved on the 3 November, 2014 from http://www.ijirset.com/upload/2014/february/23_New.pdf (http://www.ijirset.com/upload/2014/february/23_New.pdf)
Ogunsemore, M. (1992). The Formal Design Model of an Automatic Teller Machine.
Retrieved on the 3 November, 2014 from
www.crimtrac.gov.au/our_services/FingerprintAnalysis-TheBasics.html
(http://www.crimtrac.gov.au/our_services/FingerprintAnalysis- TheBasics.html)
Selina O, Oruh J. (2012). Enhanced ATM Security System Using Biometrics.
International Journal of Computer Science Issues.
Sri Shimal, D. and Jhunu, D. (2011).Designing a Biometric Strategy (Fingerprint) measure for Enhancing ATM Security in Indian E-Banking System: Tripura Institute of Technology, Narsingarh, Agartala. Retrieved on the 3 November, 2014 from http://esjournals.org/journaloftechnology/archive/vol1no5/vol1no5_3.pdf (http://esjournals.org/journaloftechnology/archive/vol1no5/vol1no5_3.pdf)
Santhi B, Kumar RK (2012) Novel Hybrid Technology in ATM Security Using
Biometrics. Journal of Theoretical and Applied Information Technology
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