New China-made ATM masters face recognition technology

A new Chinese-made ATM machine uses facial recognition and pin numbers. When in operation, the new machine is said to record serial numbers of each note to attribute them to a bank user.

The ATM was developed by Tzekwan Technology company from Hangzhou. The new machines will be used in banks and local police offices to prevent incidents of card theft. A perpetrator wishing to withdraw money from a stolen bank card will not be able to perform the operation, even if they obtained the password.

Also read: Modern-day hackers can attack anything, any time, any day, everywhere

The ATM is equipped with cameras that compare the face with the user's ID photo for verification. According to the developers of the machine, its transaction speed is higher than current ATMs in China.

Noteworthy, the number of attacks on debit cards used at ATMs around the world has reached its highest level in 20 years.

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Author`s name Editorial Team