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
The bank card may be retired: the missing puzzle piece has been added to the digital banking table
K&H Bank has introduced NFC technology at all its ATMs,…
Read more >Visa and Disney enter into multi-year strategic partnership
Today, The Walt Disney Company and Visa, a world leader…
Read more >K&H received an award for its fast, simple and effective innovations
For the third time this year, Visa awarded Hungarian banks…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >