VTB, Visa intro facial recognition payment solution
VTB Bank, a Russian bank, has partnered with Visa to launch a facial recognition payment solution. Vision, a contactless technology provider, is offering its O.Vision facial recognition app, which customers can link to their payment cards for contactless purchases, according to a press release.
The companies are currently piloting the service for the KiO Kitchen network of shops in St. Petersburg. All of the shops have terminals with cameras that customers can look into to pay. O.Vision uses a biometric registration database of more than 1 million people to ensure accuracy.
RCE
Related news
84% of Hungarians plan to pay by card or smart device during their trip abroad
40% of Hungarians are planning a holiday abroad this year,…
Read more >From Ransomware to “Pig Slaughter Scam” Visa’s recent report draws attention to the most common frauds affecting consumers and businesses
Visa has released the spring 2024 edition of its semi-annual…
Read more >Visa and Mastercard have reached a $30 billion deal
Visa and Mastercard have reached a $30 billion settlement in…
Read more >Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >