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NEC trials cashless payments with face recognition

Friday 8 July 2016 00:27 CET | News

NEC has announced it is implementing a series of trials for cashless payment services using its facial recognition technologies at small retail stores inside its head office from Japan.

The trials will run until the end of August as a part of the company’s initiatives to apply its biometrics authentication technologies to several different services, including cashless payment, in an effort to boost the reliability of the identification process.

The payment service uses NeoFace facial recognition technologies, based on NEC’s facial recognition algorithm, which verifies employees’ identity by matching their pre-registered facial images against the photos captured by a camera that is installed near a point-of-sale (POS) terminal at the check-out counter inside a store.

The facial recognition payment technology enables retailers to provide consumers with payment services, without having to use cash or credit cards.

NEC is a multinational provider of information technology (IT) services and products, targeting business enterprises, communications services providers and government agencies.


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Keywords: biometric authentication, facial recognition, cashless payments, point of sale, credit cards, NEC
Categories: Fraud & Financial Crime
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Countries: World
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