India Banks Facial Recognition
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Indian Banks Said to Soon Use Face Recognition, Iris Scan for Some Transactions
The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using the option, said one of the sources, a bank...
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Indian Banks Can Use Face Recognition, Iris Scan, With Limits: Report
The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters.
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SBI Launches Video KYC Based Savings Account Opening For Customers
The new digital function is powered by artificial intelligence or AI as well as facial recognition technology, and the whole process is paperless and contactless, said SBI.
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Indian Banks Said to Soon Use Face Recognition, Iris Scan for Some Transactions
The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using the option, said one of the sources, a bank...
-
Indian Banks Can Use Face Recognition, Iris Scan, With Limits: Report
The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters.
-
SBI Launches Video KYC Based Savings Account Opening For Customers
The new digital function is powered by artificial intelligence or AI as well as facial recognition technology, and the whole process is paperless and contactless, said SBI.
