The smart outlet solution can identify customers and manage outlets with the support of front-end capture camera and smart bank background with customized deployment. It also offers video footage for insights and intelligent analysis of customer flow data.
YITU's proprietary dual lens-based liveness detection technology for face recognition has been applied to ATMs at a number of banks such as China Merchants Bank and Agricultural Bank of China. It can verify the identity of customers selecting cardless withdrawal, and allow customers to withdraw cash from self-service ATMs by face recognition.
AI catalyzes breakthroughs in bank business models and blazes a new path for development
The first cardless ATM was commissioned at the Zhejiang Branch of Agricultural Bank of China in 2017. The machine adopts YITU's dual lens-based liveness detection technology for face recognition to verify the identity of users requesting cardless withdrawal and enables safe face-authenticated cash withdrawal without supervision.
In 2015, YITU was selected among 14 suppliers as the vendor for China Merchants Bank's Facial Recognition Project. YITU's facial recognition system was deployed at more than 1,500 China Merchants Bank branches to assist tellers in providing quality services. YITU has also provided China Merchants Bank with services for VTM identity authentication, self-service mobile banking.etc.
YITU won the bid for the Shanghai Pudong Development Bank headquarter project in 2015 with the top rating in the POC test. YITU's services now cover VTM, mobile banking, financial supermarket, credit card account opening at counters, and other business services, and may extend to WeChat banking, e-bank for corporates and issuance of debit cards in the future.
Ping An Bank launched its Smart Location Project across China in 2017. Having conducted many rounds of testing, YITU was selected among other mainstream service providers in the AI industry, who assisted Ping An Bank to successfully execute the project. As of July 2018, YITU has helped Ping An Bank with the upgrade of over 60 outlets as part of efforts to upgrade the bank's operations with smart marketing and operations.