Strengthening Digital Banking Frontiers with Facial Recognition Technology

Strengthening Digital Banking Frontiers with Facial Recognition Technology

The evolving digital state of economies is also witnessing an evolution in corresponding threats and risks. And in the new era of digital banking, online fraud has emerged as the most concerning threat to transactions and banking security. According to a 2022 report by Association of Certified Fraud Examiners (ACFE), a whooping USD 4.7 trillion…

Harnessing the Potential of Banking Sector Through Facial Recognition Technology
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Harnessing the Potential of Banking Sector Through Facial Recognition Technology

As the world moves online, banking is keeping pace with the changing technology through its own trail of transformation. This transformation has been especially prominent in the last decade, with rapid digitisation and increased focus on agility in processes. As a by-product of the changing landscape of banking, concerns related to information security, adoption and…

Peace of Mind: How Facial Recognition Technology is Reassuring Worshippers in Places of Worship

Peace of Mind: How Facial Recognition Technology is Reassuring Worshippers in Places of Worship

In a world where worship places serve as the beating heart of communities, their significance cannot be overstated. Regardless of the religion, sacred spaces are the basics of spiritual worship and practice. The sacred spaces create unity, offer comfort, and also assert the customs for followers. From mosques to churches, temples to synagogues, the security…