男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Banks recognize new technology prospects

By Zhuang Qiange and Jiang Xueqing | China Daily | Updated: 2017-10-10 07:15

Financial players are facing another round of competition along with the daily comparisons of their figures and graphs - the application of facial recognition.

With increasing attention being paid to the utilization of technology in the financial sector, financial players tend to advance their business with new technology such as facial recognition, not only to gain more customers, but more importantly to offer more possibilities.

"Facial recognition, which has long been used in social networks, has already become a technology mature enough to be utilized in the financial sector," said Yang Tao, assistant director of the Institute of Finance and Banking at the Chinese Academy of Social Sciences.

"It is a wave which all kinds of financial units are trying to catch up with at present, as the technology does enhance their ability to reach more customers."

Integrated with more technologies being applied in the financial sector, such as big data and blockchain, facial recognition will gain a greater role, Yang added.

HSBC Holdings PLC, a British multinational banking and financial services holding company, recently launched facial recognition on its mobile banking platform in China, branding itself as the first foreign bank to offer facial recognition for payments in China.

The newly added biometric authentication allows customers to transfer up to 50,000 yuan ($7,515) per day to new payees by combining facial recognition with their passwords on HSBC's China's mobile banking app, and frees them from the physical security devices required for such transactions.

HSBC regards it as a move to promote its mobile payment business in China, one of the world's most new-tech receptive countries.

"Digital technology is rapidly evolving and customers are now able to bank more simply, quickly and in the most secure way possible," said Andrew Connell, retail banking and wealth management head of Digital for Asia Pacific & Innovation and Partnerships at HSBC.

"We see a huge growth opportunity in the adoption of technology for retail banking, not just in China but across the Asia-Pacific region and around the world."

Facial recognition ensures that a real person is in front of the camera instead of a picture, which makes it much more secure than fingerprint recognition. According to the data from HSBC, the error rate for facial recognition would be around one in a million, while that for fingerprints is around one in 50,000.

HSBC is not the only bank promoting this technology in China. With the technology already mature enough to be put into practice, many banks are now using it as an assistive method to authenticate the identities of customers, such as China Merchants Bank, which has equipped its automated teller machines with a facial recognition system.

Contact the writers at zhuangqiange@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 南和县| 威海市| 三门峡市| 潢川县| 桦川县| 衡阳市| 卢龙县| 黎城县| 玛多县| 法库县| 镇安县| 聂荣县| 上林县| 砀山县| 读书| 大新县| 通州市| 澎湖县| 新郑市| 西乌珠穆沁旗| 城口县| 京山县| 碌曲县| 廉江市| 寻甸| 新乡县| 太谷县| 景洪市| 永嘉县| 安新县| 页游| 诸城市| 丘北县| 临西县| 临武县| 怀来县| 伊金霍洛旗| 南澳县| 普格县| 黄山市| 辽宁省|