Abu Dhabi bank introduces facial recognition to open accounts

iStock [For illustration]

An Abu Dhabi bank is now using facial recognition technology to open new accounts remotely and securely.

This is made possible through a collaboration with the Ministry of Interior’s facial recognition system.

Increasing security and ease of access, this novel tool also helps reduce cybercrime, fraud and other forms of identity theft.

The implementation of such a system within the banking framework is reportedly a first in the country, undertaken by the Abu Dhabi Islamic Bank which marks a key step towards emerging technology, especially, Artificial Intelligence.

More from Business

Coming Up on Dubai Eye

  • The Reboot

    10:00am - Noon

  • The Best of Dubai Eye 103.8

    Noon - 7:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!