FacePhi powers HSBC with facial recognition tech

Wednesday 27 September 2017 08:27 CET | News

FacePhi, a Spain –based biometrics company, has partnered with HSBC to provide facial recognition solutions to the bank’s clients.

The biometrics system is designed to let end users authenticate themselves with a selfie, applying facial recognition software to the image captured with the user’s smartphone camera. HSBC’s use of FacePhi’s solution will begin in Argentina, where the biometrics specialist also recently inked a deal with ICBC, and Red Link, an ATM network operator. HSBC is the fifteenth bank to have embraced FacePhi’s mobile authentication solution.

In 2016, the bank implemented facial recognition and document reading technology to let users open bank accounts with a selfie. More recently, the bank launched a voice recognition system to authenticate customers over the phone.

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Keywords: FacePhi, HSBC, ICBC, Latin America, Spain, biometrics, Selphi, facial recognition, Europe, partnership, fraud prevention, banks
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Securing Transactions