First bank in Southeast Asia enables face recognition at ATMs
OCBC Bank has introduced facial biometrics for ATM services, thus taking Singapore closer to eliminating the need to carry around an ATM card.
For now, the new technology will be rolled out across 8 ATMs around the country. OCBC Bank will extend face verification for cash withdrawals to all OCBC Bank ATMs in Singapore progressively.
According to the report, OCBC Bank is the first to tap Singapore’s National Digital Identity infrastructure, SingPass Face Verification. This way, a customer’s scanned face is matched and verified against Singapore’s national biometric database containing the images and identities of 4 million Singapore residents.
Face verification is embedded with security features to prevent fraud, including liveness-detection technology that detects and blocks the use of photographs, videos, or masks during the verification process.