Banking group
The bank unveiled the plan for the payment system in August, aiming to allow users to make deposits and withdrawals at banks and shop at stores without presenting anything if they register their facial images in advance, with hopes of creating a standard that can ultimately be utilized in different settings.
The joint project is also headed by
The newly announced consortium includes
The facial recognition technology requires customers to register a picture of their face via a website and other personal data.
The consortium will hold a total of six meetings by participating firms through
The banking group is expected to begin trial runs of its system at its headquarters and branches this month.
"We will aim to develop a technology that will serve as a standard for various industries," said
==Kyodo
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