Banking Anytime, Anywhere
Facial recognition and account opening systems deliver top-notch 24/7 service
Facial recognition and account opening systems deliver top-notch 24/7 service
A top ranking bank based in Malaysia operating over 80 branches across the country, with a commitment to constantly innovate their products and solutions to improve lives of its stakeholders. With Malaysia’s mandate for financial inclusion, our client is one of the key leaders to shape the upcoming technologies to allow a streamline experience for businesses and workers.
For business owners to open accounts for the employees, they had to personally head down to a branch with their employee for face-to-face authentication. With costly and lengthy account opening and remittance process, the bank wanted a solution to enable better service to SME clients by allowing them to efficiently open bank accounts for their workers while increasing their deposit base of SME clients.
Using biometric facial recognition technology to remotely authenticate users
Scan official documents to ensure authenticity and automated filling up of forms
Enabling 24/7 account opening, secured P2P transfers and mobile remittance