Face recognition system technology measures the unique characteristics of the person for the purpose of identification. Face recognition also provides a number of significant advantages comparing to other types of biometrics like recognition finger print or an iris. Now many banks around the world pay high attention to biometric solutions that allow check faces of applicants before approving loans.
BitRefine group has begun to offer banks a practical face recognition solution: We install a camera behind the bank’s staff. When bank customers apply for loans, the camera checks the applicant’s face against a bank fraud database and if the person’s face is found, their loan application is automatically rejected. Learn more: