The Seven Bank ATMs will confirm users’ identity in few seconds, and this will be done by scanning a photo ID and taking a picture through a high-precision camera. The introduction of this solution is due to a recent change in law, that allows machines to perform identity verification processes, IBS Intelligence reports.
Moreover, as Seven Bank has over 24,000 ATMs at convenience stores and public facilities in Japan, it is also considering to offer services to open accounts via the new ATMs for online banks and regional banks. New ATMs are expected to be installed by the summer of 2020.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.