NEC Corporation, a developer of biometric authentication technology, has deployed its facial recognition technology to E. SUN Commercial Bank.
The Taiwanese bank will use this technology to bolster the security for its ATMs, with this service already being implemented at ATMs in five locations across Taiwan.
For the first time use, consumers insert their payment card and a photo of their face will be taken by the ATM. To add an additional layer of security to this, the user is sent a one-time password to their mobile phones. Once this has been verified, the image is registered and in future, the consumer can withdraw cash either through facial recognition or inputting their PIN.
To prevent fraudulent attempts of access, the NEC technology is able to verify whether the person trying to access the ATM is a real person and not a photo or mask.
NEC Corporation general manager Takashi Yoshida said, “NEC focuses on the Social Solutions Business, and we will make use of this achievement to realize a safe and secure society. NEC will continue proposing innovative new solutions using biometric technologies, both in Taiwan and around the world.”
There are a number of other financial institutions around the world which are looking at biometrics for their ATMs. Recently, Spanish bank CaixaBank launched facial recognition technology at its ATMs, removing the need to insert PINs, becoming the first bank in Spain to offer this.
Earlier in the year, NEC was among three other companies to join The Sovrin Foundation, an international digital identity network. This group is made up of over 60 organisations and aims to empower consumers to manage their own digital identifications.
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