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 biometric acceptance


Can facial recognition tech boost Asia's biometric acceptance?

#artificialintelligence

It was not too long ago that biometric identification methods became accepted means to authenticate a customer's identity in the financial services sector. First fingerprints became commonplace, followed by voice recognition tech. Now, facial recognition tech is becoming increasingly accepted by financial institutions, notoriously some of the hardest (and slowest) organizations to approve of new procedures, due to their tight enforcement protocols. If banks in Southeast Asia are accepting facial biometric IDs, then it's a good bet that industries that don't have such stringent standards will start looking at the technology as a means of authenticating identity, too. Facial rec software applies artificial intelligence (AI) and machine learning technologies to match a face captured on-camera against a database of millions of faces, and is usually used to identify or authorize access for an individual.