Friday, 24 March, 2023

Singapore's OCBC bank turns on face verification for balance queries

<p>Singapore&#39;s OCBC Bank is using facial recognition technology to verify its customers at eight ATMs spreading across Singapore. A bank customer can authenticate their identity using the new age facial recognition technology at the ATMs, without using a card, for balance enquiries. The bank is planning to increase the usage of the technology for other banking services including withdrawals &quot;progressively&quot;, but gave no timeline on when this would be.&nbsp;</p>