Biometric fingerprint with pulse sensor

Proposed Project
Biometric metric with Pulse ATM cash machine (

Biopulse ATM Cash Machine) Integrate chip & pin, Fingerprint and Pulse Technology

Background
Present Technology Chip and Pin
Since its implementation fraud fell by 36.1%

CONTINUED
Problems with chip & pin

* cards can be cloned * Poor implementation of cryptography methods

Source : BBC News night

Envisioned Solution
Biometric Technology with Pulse

Integrate chip& pin, biometric fingerprint and pulse technology

Benefits
Provision of secure financial services to our

customers Boost our image assert our market position Gain more customers

Cost (Cost Benefit Analysis)

Start-up Costs Hardware installation cost Software Maintainace software Upgrade Total Cummulative Total Benefits Revenue Savings(Fraud cost) increase in custmers Total Cumulative Total Return on Investment Yearly Cumulative 175,000 15,000 25,000 5,000 3,500 3,500 10,000 3,500 3,500 Year 1 Year 2 Year 3 Year 4 Year 5 Totals Notes 175,000 Costs based (50 M*3.500) 15,000 (300 per Machine *50) 25,000 (500 per machine *50) 19,000 50*100 10,000 (200 per machine upgrade*50) 244,000

215,000 215,000 Start-up 0 0 0 0 0

-215,000

3,500 103,500

13,500 3,500 117,000 120,500

3,500 124,000

Year 1

Year 2 Year 3 Year 4 Year 5 Totals Notes 1,168 322,039 454,038 630,057 7,345,000 8,752,301 Revenue based on 2% of sheffield population of 552,700 100,000 100,000 100,000 100,000 100,000 100,000 120,000 130,000 140,000 150,000 540,000 101,168 542,039 684,038 870,057 7,595,000 9,392,301 Exapected increase iin customers Year 3 by 120,000 101,168 643,207 1,327,244 2,197,301 9,792,301

Start-up Year 1 Year 2 Year 3 Year 4 Year 5 Totals Notes -215,000 316,168 538,539 670,538 866,557 7,591,500 9,768,301 -215,000 101,168 639,707 1,310,244 2,176,801 9,768,301

Return on investment is :47% payback period is :1 year

Risk Analysis
Contingency Plan
RISK
system failure when project go live

EFFECT
shutdown all systems CHAOS

PROBABILITY
H

IMPACT
H

COUNTER MEASURE
engage a specialist or run a parallel system before switch over Set aside a contingency budget

Going over budget Too much unplanned work Change in government policy

Disrupt the project Delays in project delivery Abandon project

M M L

H M L

Keep an eye (awareness) scale down the project

Project breakdown

Timescale