Tencent Digital News With the popularity of contactless banking cards and e-wallet services, we have been able to easily enjoy the convenience of cashless transactions. With the continuous upgrading of identification technology, future cashless payments will become more convenient.
Japanese IT giant NEC announced that they are testing a biometric system based on facial recognition technology called NeoFace. With its help, users can brush their faces directly during payment transactions without having to enter a password.
According to reports, about 1,400 employees from two financial companies participated in the test. The test started earlier this month and will continue until January 30.
Taking into account the popularity of fingerprint sensors in the field of smart phones, we are not unfamiliar with biometric technology. As early as 2013, Apple introduced the fingerprint sensor on the iPhone 5s. This year, the short-lived Galaxy Note 7 is also the first to bring iris scanning capabilities.
NEC is not the only technology company that intends to change consumer payment habits. Earlier this year, Visa demonstrated an online banking card that can communicate with parking meters and built-in chips at gas stations.
NEC stated that the NeoFace recognition system has the fastest speed and highest accuracy in the world. It stores all facial data as digital information, which also avoids the problem of privacy leakage.
Like many companies in Japan, NEC hopes to put this technology into use at the 2020 Tokyo Olympic Games.
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