ARTIKEL — April 12, 2019

Facial Recognition: A New Face in the Banking Industry

Facial recognition is a growing form of biometrics used for identification and authentication in various industry sectors. With its widespread utilization in immigration systems, facial recognition is now expanding into more commercial industry sectors like banking.

By implementing the facial recognition system on ATM machines or inside the buildings, customers can now be identified effortlessly and accurately, even allows them to open up a new bank account on the spot. Moreover, this biometrics also eases up many banking activities.

Reliable Safety and Security Level
Facial recognition covers every business aspect. Using this system, companies can easily identify employees or customers, matching captured faces with the companies’ database. This prevents fraudulent activities like identity theft.

Everything is Automated
Instead of executing manual identification steps through security guards, facial recognition technology automates the whole process. Therefore, companies no longer need to allocate their manpower to keep watch over surveillance cameras 24/7.

Quick and Accurate Process
Using facial recognition, it’s easier to protect your business as you can quickly track anyone that comes into your business premises, thus reduces the possibility of someone accessing sensitive information.

Payment Process Verification
Integrating facial recognition biometrics with companies’ payment service system surely gives both buyers and sellers equal advantages. With this integration, customers are now able to pay without using any sensitive payment methods like debit or credit cards.

The growth of facial recognition biometrics in business sectors keeps on going, and its application in the banking industry provides better services and security levels. Nevertheless, banking companies need to learn and decide how facial recognition feature can fit in their business strategy, and achieve both maximum advantage and profit.

NEWS — Jan 05, 2022
The Impact of 5G in Indonesia’s 2030

5G has been rolled out in Indonesia. Now what? Read the project

READ MORE >>
NEWS — Jun 22, 2020
You’ve Gathered Data from the Internet of Things, Now What?

Having accurate data is always a good thing, but there’s alwa

READ MORE >>
NEWS — Oct 14, 2019
The Global Impact of an Hour Without Internet

Panic! That’s the modern-day definition of losing your intern

READ MORE >>
NEWS — Aug 20, 2021
Implementing Digital Transformation in Indonesia’s Energy Industry

Learn how digitalization can be implemented to promote innovati

READ MORE >>
NEWS — Apr 29, 2022
What Will Manufacturers Gain When Using IoT

IoT is one of the core of Industry 4.0. Here are the reasons wh

READ MORE >>
NEWS — Feb 17, 2021
It's Time to Make Your Fleet’s Journey Safer with IoT FleetSense

IoT FleetSense is finally here. See how the Telkomsel IoT’s i

READ MORE >>
NEWS — Sep 02, 2020
4 Important Steps in Building a Resilient Organization

Apart from digital transformation, your team has to be resilien

READ MORE >>
NEWS — Jan 19, 2022
Creating an Efficient Omnichannel Logistics Chain

Omnichannel logistics rely on data visibility to make their ope

READ MORE >>