A customer uses a facial recognition payment system at a KFC fast food restaurant in Hangzhou, Zhejiang province. Photo: AFP

China’s top fintech adviser sees ‘bright prospects’ for facial recognition payment systems

  • This year is expected to see the first widespread adoption of facial recognition payments, with an estimated 118 million Chinese users embracing it
  • Despite concerns over data privacy, the use of facial recognition for payments will expand rapidly in China, says fintech official
Topic |   Facial recognition

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A customer uses a facial recognition payment system at a KFC fast food restaurant in Hangzhou, Zhejiang province. Photo: AFP
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Chinese consumers are increasingly wary of commercial facial recognition systems. (Picture: Nicolas Asfouri/AFP)

Chinese tech companies seek to standardize facial recognition

Tech giants like Tencent, Xiaomi and Ant Financial join a new group led by SenseTime to standardize the facial recognition industry

Topic |   Alibaba

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Chinese consumers are increasingly wary of commercial facial recognition systems. (Picture: Nicolas Asfouri/AFP)
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