Hitachi has developed a finger vein authentication system for use with a smartphone camera, and believes the easier-to-use method could increase the number of online shoppers and users of other online financial services.The system compares the image of a person's finger veins shown via smartphone camera to pre-registered data for identification, and the matching can be complete in a second, Hitachi said.Conventional finger vein authentication has used special infrared sensors. Smartphone cameras, however, enable Hitachi's color recognition technology to detect finger veins more quickly.The advantages of using finger vein patterns for identification purposes are that they do not change for a long time and are unlikely to be counterfeit, according to a Hitachi official.A growing number of financial institutions are focusing on “fintech” that combines financial services with information technology, propelled by the spread of smartphones and other connected devices.”We hope to commercialize it in one to two years' time, given the speed at which fintech is moving ahead,” said Hisashi Ikeda, a general manager of the research and development group at Hitachi.
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