Tuesday, June 09, 2020
CaixaBank ATMs throughout Spain are being equipped with facial-recognition technology that can validate up to 16,000 points on the user's face, guaranteeing a totally secure identification, according to a report in Atalayar. This is the first system implemented in the world by a financial institution that can capture a user's image through the terminal's internal camera, authenticating the user and permitting a withdrawal without requiring the user to manually enter a pin number.
CaixaBank is planning to bring facial recognition to more than 30 offices throughout Spain including Barcelona and Valencia. The expansion plan, which is expected to be completed by July 2020, will install 100 ATMs, give CaixaBank one of the largest ATM networks in the world equipped with facial recognition technology.
CaixaBank first introduced ATM withdrawals using facial-recognition in February 2019, following a partnership with FacePhi and Fujitsu.