Indian Banks Said to Soon Use Face Recognition, Iris Scan for Some Transactions
The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using the option, said one of the sources, a banker, who declined to name the banks. The advisory allowing the … Continue reading Indian Banks Said to Soon Use Face Recognition, Iris Scan for Some Transactions
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed