A quartet of Japanese-based companies are drawing up plans for a payment platform driven by facial recognition technology, The Japan Times reports. Panasonic, financial firms Resona Holdings and JBC, and Dai Nippon Printing want to devise a system that allows withdrawals, deposits and transfers of money using facial recognition to identify and verify users. The images used for face matching will come from cameras registered to a common server. The companies aim to roll out the platform by April 2022.
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