OCBC Bank introduced facial biometrics for ATM services, thus bringing Singapore closer to eliminating the necessity to carry an ATM card.
For now, the brand new technology will likely be implemented in 8 ATMs across the country. OCBC Bank will step by step expand facial verification for money withdrawals in any respect OCBC Bank ATMs in Singapore.
According to the report, OCBC Bank will likely be the primary to make use of Singapore’s national digital identity infrastructure called SingPass Face Verification. In this manner, the shopper’s scanned face is compared and verified against Singapore’s national biometric database, which incorporates the pictures and identities of Singapore’s 4 million residents.
Facial Verification is built-in with anti-fraud safety features, including activity detection technology that detects and blocks using photos, videos and masks throughout the verification process.
