How AI and Facial Recognition Are Impacting the Future of Banking

“We are seeing the financial services sector test face recognition as a part of multi-factor authentication for ATM withdrawals, mobile banking enrollment and mobile account access and transactions,” said Moore. “By implementing face recognition as the key step in multi-factor authentication, banks are able to mitigate their exposure to risk and fraud, saving themselves millions of dollars in the process.”

https://www.google.com/amp/s/observer.com/2019/11/trueface-artificial-intelligence-facial-recognition-future-banking/amp/

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