WEB Notes: Everyone is doing it, facial recognition has gone mainstream and people will be okay with it. People have been posting pictures of themselves online for years, this will be consider no different. The bank is simply “offering them a service” and for the “security” of the people needs; face and voice samples to ensure your identity is not stolen. See how good that sounds? Makes you feel all warm and fuzzy inside!
Russia will get a country-wide biometric database for financial services starting next summer, the central bank said.
The system will expand access to banking by letting people open accounts without having to visit a branch and is a key milestone in digitizing financial services, the Bank of Russia said in a statement. The regulator said that data would only be stored with individuals’ consent. Legal changes needed for the system passed this month.
State-owned Rostelecom PJSC has been selected to run the database, which will collect personal data including images of faces, voice samples and, eventually, irises and fingerprints. Facial-recognition technology has been gaining consumer acceptance around the world, with Apple Inc.’s latest iPhone using it to unlock the device. In Russia, the authorities and government-linked companies are leading the charge.