Melisande Mual
20 Apr 2015 / 5 Min Read
Remote account opening will rely on facial recognition on both desktop computers and smartphones.
According to a Bloomberg report, the Megvii application Alipay would use accesses facial scans held in a Ministry of Public Security database drawn from legal identification files on about 1.3 billion citizens.
Meanwhile, Chinas central bank is currently soliciting opinions on a draft rule that would allow people to open bank accounts remotely.
Melisande Mual
20 Apr 2015 / 5 Min Read
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright