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Artificial intelligence, Artificial Intelligence (AI), Biometrics, cloud computing, Daily news, facial recognition, FinTech, Fraud & Security, Identity, Regulation -

San Francisco has voted to ban the use of facial recognition, the first US city to do so. The ban means its local police, transport and other agencies will not... more

The post Tech backlash begins? San Francisco to ban facial recognition appeared first on Payments Cards & Mobile.

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artificial intelligent, Biometrics, Daily News, facial recognition, FinTech, Identity, Issuing & Acquiring, Mobile Banking, robo-assistant, robot, virtual reality -

China Construction Bank (CCB), the China’s second largest lender by assets, has opened an unstaffed, self-service bank branch in Shanghai this week, run by pure technology including facial recognition (FR), artificial intelligent (AI) and virtual reality (VR). Hyped as a first for the Chinese banking industry, the Beijing-based bank says it has already installed 1,600 smart machines [...]

The post China Construction Bank opens a branch only managed by AI robots appeared first on Payments Cards & Mobile.

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