FNB to roll out biometric banking transaction points in South African townships

Financial services firm First National Bank (FNB) will roll out 50 self-service kiosks that use fingerprint biometrics to verify a user’s identity in South African townships over the next six months, FNB Points of Presence CEO Lee-Anne van Zyl said on Monday. The “TouchPoint” is a self-service kiosk that clients can use to conduct transactional banking such as transfers and payments, view statements, buy airtime and electricity and perform card cancellations.