Ithmaar Bank, a Bahrain-based Islamic retail bank, has announced that it has successfully launched the region’s first biometric-enabled automated teller machine (ATM) network.
The announcement was made after Ithmaar Bank retrofitted all its 43 ATMs with sophisticated fingerprint readers after having completed extensive testing of the new security feature.
Following the launch, Ithmaar Bank customers are no longer required to use their cards at the bank’s ATMs. Instead, they can simply use their fingerprint along with their PIN to process financial transactions.
To use the service for the first time, customers will need to register their fingerprint data at their nearest branch.
The launch follows an announcement last September when Ithmaar Bank and Eazy Financial Services unveiled plans to launch the region’s first biometric payment network, supported by the Labour Fund Tamkeen.
The network is based on a platform that was developed by Eazy Financial Services, a Bahrain fintech start-up.