TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Finance & Banking

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from NEC News room

Finance & Banking

Introducing a Next-generation ATM with face recognition and QR code reader

Via NEC News room

Sep 12, 2019

Seven Bank, Ltd. (hereinafter "Seven Bank"; headquarters: Chiyoda-ku, Tokyo; President and Representative Director: Yasuaki Funatake) and NEC Corporation (hereinafter "NEC"; headquarters: Minato-ku, Tokyo; President and CEO: Takashi Niino) hereby announce the development of a next-generation ATM, which has a facial recognition engine with the world's No.1 certification accuracy. The ATM is to be installed and to replace old machines from this September.

In recent years, technological innovations such as FinTech have led to the creation of new financial services and the improvement of operational efficiency as financial institutions, etc. are required to respond to digitalization.

Taking into account the advances in biometrics, AI, IoT, and other technologies, this next-generation ATM is capable of face recognition for identity verification and settlement with QR codes.

In addition, it also utilizes AI and IoT to predict cash demand more precisely and detect prior warning of component failures, which helps to streamline ATM operations. Through the ATMs, Seven Bank and NEC will continue to provide safe and secure lifestyle infrastructure and provide new value in response to changes in society.

Related Topics
  • Asia-Pacific,
  • Finance & Banking,
  • Internet of Things,
  • IoT Services & Applications,
  • NEC,
  • Tracker

More Like This

Digital Platforms & Services

Mastercard and MTN empower millions of consumers in Africa to make payments on global platforms

Feb 16, 2021

Digital Platforms & Services

VEON and Mastercard enter into global partnership to boost digital financial services

Feb 3, 2021

Digital Platforms & Services

BBVA streamlines its online advertising campaigns with a new digital marketing tool from Telefónica

Jan 21, 2021

Digital Platforms & Services

Orange expands its banking empire with acquisition

Jan 6, 2021

The Great Telco Debate

Great Telco Debate: Live Debate – Day 3 (On-demand)

Dec 10, 2020

This content extract was originally sourced from an external website (NEC News room) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

On-demand Workshop: How to build your cloud native 5G core platform

16:48

The case for mmWave in 5G networks

25:55

The Private Mobility Opportunity for Enterprises

12:04

VMware learnings from DISH 5G rollout

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices