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The application of facial recognition technology in the financial services industry

IT Market Research

There is an evident demand for stricter identification verification. In recent years, more and more financial services providers have incorporated biometric authentication technologies into their financial services, including vein recognition, fingerprint recognition, iris recognition, and facial recognition.

The main service areas in the financial services industry cover mainly financial transactions and financial management. It requires strict security for the transactions conducted by both service providers and their clients.

Particularly, there is a growing trend in the number of applications using facial recognition. This report probes into several cases of facial recognition technology in the financial services industry, and examines future prospects of the industry.

Browse the complete report @…services-industry 

Companies Mentioned:
Alibaba Group
Alipay cloud
Ant Financial Services Group
Bank of Jiangsu
Bank of Okinawa
BC Card
China CITI
China Merchants Bank
Daiwa Securities Group
Financial Supervisory Commission R.O.C.
Hiroshima Bank
Huishang Bank
Industrial Bank of Korea
Lakala Payment Co.
MasterCard International
Mizuho Bank
Mizuho Bank
People’s Bank of China
Ping An Insurance (Group) Company of China
Ping An Puhui
Qian Hai Zheng Xin
Rong 360
Smile of the United Kingdom
Sumitomo Mitsui Banking Corporation
Taikang Life Insurance

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