Feb, 25 2019 14:33 JST

Source: NEC Corporation

NEC Provides Facial Recognition for E. SUN Commercial Bank in Taiwan

- Contributing to safe, secure, and convenient financial services -

TOKYO, Feb, 25 2019 - (JCN Newswire) - NEC Corporation (TSE: 6701) has announced its provision of a facial recognition system via NEC Taiwan Ltd. to E. SUN Commercial Bank Ltd. (E. SUN Bank), a major Taiwanese bank. This system will contribute to the creation of safe, secure, and convenient Automated Teller Machines (ATMs) using facial recognition. These are the world's first facial recognition automation ATMs with one-time password technology(1). E. SUN Bank has installed and begun operation of the ATMs at five locations in Taiwan.

 


The system being provided by NEC utilizes its flagship facial recognition artificial intelligence (AI) engine, "NeoFace," featuring the world's highest recognition precision(2) and belonging to NEC's portfolio of advanced biometric authentication technologies, "Bio-IDiom."

When using these facial recognition-equipped ATMs for the first time, users insert their cash cards and have a photo of their face taken with a camera installed within the ATM. To enhance the safety level of service, users have to correctly enter a one-time password which is sent to their mobile phones within 60 seconds before their images are registered. Once registration is completed, users can only withdraw cash by facial recognition and PIN authentication.

In addition, NEC's anti-spoofing technology prevents fraudulent activities at these ATMs by using AI to detect whether a subject is a real person or just an inanimate photo, image or mask.

"NEC focuses on the Social Solutions Business, and we will make use of this achievement to realize a safe and secure society," said Takashi Yoshida, general manager, Safer City Solutions Division, NEC Corporation. "NEC will continue proposing innovative new solutions using biometric technologies, both in Taiwan and around the world."

(1) According to a survey by E.SUN Commercial Bank Ltd. as of December 25, 2018
(2) NEC's Video Face Recognition Technology Ranks First in NIST Testing


About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. The NEC Group globally provides "Solutions for Society" that promote the safety, security efficiency and fairness of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, visit NEC at https://www.nec.com.


Contact:
NEC
Seiichiro Toda        
[email protected]
+81-3-3798-6511
Source: NEC Corporation
Sectors: Enterprise IT, Security

Copyright ©2019 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


Monumental Sports & Entertainment, NEC Announce Partnership with Washington Wizards
October 16 2019 16:45 JST
 
NEC Announces First International Partnership with Professional Basketball Player Rui Hachimura
October 16 2019 16:33 JST
 
Ministry of Movement and NEC to Collaborate on Future of Urban Mobility
October 16 2019 14:04 JST
 
Verizon and NEC Just Made Fiber Sensing a Whole Lot Easier
October 08 2019 13:56 JST
 
Successful Outcome for NEC Corporation in United States ITC Investigation Brought by Xtera, Inc.
October 07 2019 08:08 JST
 
NEC Face Recognition Technology Ranks First in NIST Accuracy Testing
October 03 2019 18:04 JST
 
NEC Provides Energy Storage Solution to SP Group's Award-Winning Hybrid Energy Storage Pilot
September 27 2019 15:50 JST
 
NEC to Develop Energy Storage Systems with Cells from Ambri Inc.
September 24 2019 17:59 JST
 
Introducing a Next-Generation ATM with Face Recognition and QR Code Reader
September 12 2019 14:11 JST
 
UNIDO and NEC to Work Together on ICT Solutions for Inclusuve and Sustainable Industrial Development
August 27 2019 16:22 JST
 
More Press release >>

Latest Press Release


More Latest Release >>