1. Home
  2. Press release
Sep, 12 2019 15:11 JST

Source: NEC Corporation

Introducing a Next-Generation ATM with Face Recognition and QR Code Reader

Japan's first demonstration test for opening bank accounts by face-authentication at ATMs

TOKYO, Sep, 12 2019 - (JCN Newswire) - Seven Bank, Ltd. and NEC Corporation hereby announce the development of a next-generation ATM, which has a facial recognition engine with the world's No.1 certification accuracy. The ATM is to be installed and to replace old machines from this September.

In recent years, technological innovations such as FinTech have led to the creation of new financial services and the improvement of operational efficiency as financial institutions, etc. are required to respond to digitalization.

Taking into account the advances in biometrics, AI, IoT, and other technologies, this next-generation ATM is capable of face recognition for identity verification and settlement with QR codes.

In addition, it also utilizes AI and IoT to predict cash demand more precisely and detect prior warning of component failures, which helps to streamline ATM operations. Through the ATMs, Seven Bank and NEC will continue to provide safe and secure lifestyle infrastructure and provide new value in response to changes in society.

For more information, visit https://www.nec.com/en/press/201909/global_20190912_01.html.


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, AI, IoT

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
 
UNIDO and NEC to Work Together on ICT Solutions for Inclusuve and Sustainable Industrial Development
August 27 2019 16:22 JST
 
NEC, IDB Lab and NGO Bitcoin Argentina to Deploy a Blockchain-based ID System in Buenos Aires, Argentina
August 26 2019 09:11 JST
 
More Press release >>

Latest Press Release


Toyota Yaris WRC Set for Crucial Mixed-surface Spectacular
Oct 18, 2019 17:37 JST

Overview of Honda Exhibits at the 26th ITS World Congress 2019 in Singapore
Oct 18, 2019 15:46 JST

Hitachi Automotive Systems Starts Mass Production of High Voltage and High Output EV Inverter, the First in the World
Oct 18, 2019 15:33 JST

Hitachi Launches Dashboard for Building Owners and Managers to Check the Operation and Maintenance Status of Building Facilities, Including Elevators
Oct 18, 2019 09:03 JST

Toyota to Show Production-Ready Ultra-Compact BEV at 2019 Tokyo Motor Show "FUTURE EXPO"
Oct 17, 2019 13:48 JST

Monumental Sports & Entertainment, NEC Announce Partnership with Washington Wizards
Oct 16, 2019 17:45 JST

NEC Announces First International Partnership with Professional Basketball Player Rui Hachimura
Oct 16, 2019 17:33 JST

Hitachi and Frasers Property Sign S$100 Million MOU to Drive Digital Transformation in the Real Estate Industry in Asia Pacific
Oct 16, 2019 16:02 JST

Toyota's New Model Yaris Makes World Premiere
Oct 16, 2019 15:32 JST

Ministry of Movement and NEC to Collaborate on Future of Urban Mobility
Oct 16, 2019 15:04 JST

Eisai's New Drug Approval for Fycompa for Adjunctive Treatment of Partial Onset Seizures in China
Oct 15, 2019 21:24 JST

Fujitsu's Gymnastics Judging Support System Wins the "Minister of Internal Affairs and Communications Award" at CEATEC 2019
Oct 15, 2019 16:25 JST

Fujitsu Develops AI based Facial Expression Recognition Technology to Accurately Detect Subtle Changes in Expression
Oct 15, 2019 16:09 JST

Toyota Rolls Out New Compact Convertible Sports Car "Copen GR SPORT" in Japan
Oct 15, 2019 14:09 JST

Mazda Publishes Mazda Sustainability Report 2019 and Annual Report 2019
Oct 15, 2019 13:27 JST

Mazda Included in Dow Jones Sustainability Asia Pacific Index for Third Year Running
Oct 15, 2019 13:16 JST

Toyota: 'People of the Future' to Welcome Visitors at 'Mobility Theme Park'
Oct 11, 2019 16:14 JST

Toyota to Unveil Next-Generation "Mirai Concept" at 2019 Tokyo Motor Show's "Future Expo"
Oct 11, 2019 13:45 JST

Hitachi Expands Its Elevators & Escalators Business in Laos
Oct 10, 2019 19:53 JST

MHIENG Completes First Delivery of 7000-Series New-Series Carriages for Hiroshima Rapid Transit's "Astram Line"
Oct 10, 2019 16:11 JST
 More Latest Release >>