South Korea: ATM withdrawals with facial recognition

TUESDAY, 04 JULY 2023

South Korea: ATM withdrawals with facial recognition

South Korean startup Alchera will help the country’s longest-operating bank introduce access to banking services through facial recognition at a total of 900 ATMs.

Shinhan Bank customers will be able to withdraw funds even without identifying themselves with a bank card or passbook.

According to reports, Shinhan Face Pay is the country’s first biometric facial recognition payment service.

Source: https://lnkd.in/dhN-w2By

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