South Korean bank rolls out ATM withdrawals with Alchera facial recognition

South Korean startup Alchera will help the country’s longest-operating bank introduce access to banking services through facial recognition at a total of 900 ATMs.

Shinhan Bank customers will be able to withdraw funds even without identifying themselves with a bank card or passbook thanks to the country’s first biometric facial recognition payment service Shinhan Face Pay. The service is expected to be launched in September.

Aside from equipping Shinhan Bank’s ATMs, Alchera will help customers registering through the bank's smartphone …

access alchera atm atms bank banking biometric biometrics biometrics news card contactless biometrics customers facial facial recognition financial services funds recognition services south south korea startup