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Scoop.it!
CaixaBank is offering customers the opportunity to use facial recognition technology rather than PIN codes to withdraw cash from ATMs. 
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Scoop.it!
Japan's Seven Bank is planning to add facial recognition technology to its ATMs, enabling users to open accounts through the machines, according to local press reports.
Vineet Anand's insight:
Facial recognition at ATM's for account opening in Japan! Seven Bank does have a specific use case for account opening without mail id copies as no branches exist. Facial recognition for Cash out without card and PIN or mobile PIN will be of value too!
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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Seems like Fijitsu ATM's have found a way to extend the lifecycle of their products by offering facial recognition. Decline in ATM and cash usage by digital consumers is not related to security offerings and will do little to create additional demand for usage of ATM's.