As technology continues to advance, the financial industry strives to enhance the security and convenience of electronic transactions. This project introduces a novel approach to ATM transactions by combining LiFi (Light Fidelity) communication technology with facial recognition, eliminating the need for traditional physical cards. The proposed system aims to provide a secure, user-friendly, and contactless experience for ATM users. The key components of the system include LiFi communication modules and a robust facial recognition system. LiFi, utilizing visible light communication, ensures a secure data transfer environment, reducing the risk of data interception compared to traditional radio frequency (RF) communication. The integration of facial recognition adds an additional layer of security, enhancing the authentication process and reducing the reliance on traditional PINs or physical cards. The proposed cardless ATM system is designed to be easily integrated into existing banking infrastructure, making it a cost-effective solution for financial institutions. It aligns with the growing trend of contactless and biometric authentication technologies, providing a forward-looking solution to enhance the overall ATM user experience while prioritizing security and privacy.
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Rashmi et al. (2024) studied this question.
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