Today, facial recognition system has spread all over. What once started as an attribute is now a part of everyday lives. Facial recognition systems are highly relied on especially every time people unlock their phones, tag friends, or go through customs. The numbers are only proving the nature of facial recognition.
In the past few years, the global market of facial recognition software was estimated to be high and it is expected to hit the market. Along with gaining market volumes, facial recognition algorithms are becoming sophisticated and that’s why you should make it the norm to test new ID system.
Since the outbreak of some diseases such as coronavirus, facial recognition vendors have upgraded their algorithms. Here are some applications of facial recognition software in industries.
With financial services gone almost entirely digital, it is only natural for customer verification procedures to follow. Building on KYC “know your customer,” financial institutions can now shift the customer on boarding process entirely to online. While KYC uses fingerprints as an authentication method, facial recognition system in Singapore may become viable alternative.
In addition, it’s now easy to run card less ATM transactions. Today, criminals use skimming devices to hack into ATMs. WithSingapore facial recognition systems, it will be easy to potentially replace plastic cards and pins as a more secure option for preventing fraud.
Strengthening campus security is one of the major essential applications of facial recognition. This technology has gained extra importance as the incidents of shooting have prompted school administrations to take more advanced precautions. A face recognition analyses the faces of people accessing the campus and compares them to database of authorised individuals.
Suppose a person is not found in a database or matches the identity of unwanted person. In that case, the system immediately alerts the security and automatically denies the visitor entry into the campus area. Along with spotting unauthorized visitors and tracking flagged individuals around the site, new tech involving facial recognition solutions have come up with additional features such as objects detection.
These are some of the few applications areas where facial recognition technology is used. You can find out more on other applications of facial recognition across other industries including healthcare ID systems.
If you are in need of these authentications, it’s important you consider facial technology as it comes along with numerous benefits. Most importantly, ensure they are installed by the right people to avoid invasion of privacies even when using it to authenticate hospital visitors.
