Facebanx has just unveiled brand new online facial recognition technology that will reduce fraud and identity theft for organisations, adding an extra step of security for online presences  like online banking, making sure the customer who is logging in is the one who signed up.

To do so, the customer takes a picture of their face with their webcam, smartphone or smartphone as they sign up for their account, once they do try to log in, Facebanx will check the database to make sure the face originally added is the same as the one that is being used to log in.

This image will be taken from a live video recording, to make sure it’s not simply a photo being held up to a camera.

Check out their website for more information on the technology, there’s also a video below that will provide some more information.

Facebanx – REDUCING THE COST OF FRAUD WITH FACIAL RECOGNITION TECHNOLOGY from Ohhi on Vimeo.

This article may include links to affilates, and if you click on one of these affilate links, we may recieve commission.