Bank United Deploys Iris Recognition ATMs in Texas

Strategic Insights -

Texas-based Bank United is rolling out a new service that could change the way its customers interact with automated teller machines (ATMs). The bank has partnered with Diebold Inc. to deploy Iris Recognition Automated Teller Machines in three stores in Houston, Ft. Worth, and Dallas. These ATMs will allow customers to access their accounts by looking into a camera, which will photograph and match their iris pattern to the one stored on file at the time of account opening.

The three locations were chosen because they have high transaction volumes. The Kroger supermarkets where the ATMs will be placed have a high volume of customers, which should increase the number of transactions processed by the Iris Recognition ATMs. The camera on the ATM is designed by Sensor Inc. and can identify iris patterns even through glasses, contact lenses, or sunglasses.

The deployment of these ATMs is part of Bank United's effort to enhance customer experience and make banking more convenient. By using iris recognition technology, the bank aims to provide an additional layer of security and ease of use for its customers.

Key Takeaways:

  • Bank United is deploying Iris Recognition Automated Teller Machines in three stores in Texas
  • The ATMs will allow customers to access their accounts using iris recognition technology
  • The cameras on the ATMs can identify iris patterns even through glasses, contact lenses, or sunglasses
  • The three locations were chosen for their high transaction volumes
  • Bank United partnered with Diebold Inc. to deploy the ATMs
  • The Iris Recognition ATMs are designed to enhance customer experience and provide an additional layer of security

Statistics:

  • Bank United has $14.9 million in assets
  • The ATMs will be placed in Kroger supermarkets in Houston, Ft. Worth, and Dallas
  • The cameras on the ATMs can identify iris patterns through glasses, contact lenses, or sunglasses
  • The motors of the three Bank United ATMs will be driving in a couple supermarket chains

Sources:

  • Tiffini Bloniarz, Diebold, 330/490-6310, http://www.diebold.com
  • Vern Stockton, Bank United, 713/543-6920, http://www.bankunited.com
  • EFT Report, Jan. 27
  • Stephen Dishart, Mellon, 412/234-0850, http://www.mellon.com
  • Joyce Peppin, U.S. Bancorp, 612/973-1425
  • Adriana Miller, Naviant, 610/355-7094, http://www.naviant.com