Note from the Publisher: The following piece talks about NEC's current in-house trial for their NeoFace (no, that is not fancy term for facelifts) system, which will offer facial recognition based payment systems for retailers. Cool and slightly disturbing all at the same time.
"NEC has embarked on trials of 'cashless payment services' using facial recognition technology to verify consumer identities at small shops located inside its head office building in Tokyo.
The two month trial applies NEC's NeoFace facial recognition algorithm to match employees' pre-registered mug shots against the images taken by a camera installed aside vendor point-of-sale (POS) terminals.
NEC says it will use the trials to fine-tune the application of the technology at shop counters, trying out different cameras, installation positions and lighting conditions."
Read Full Article at Fintextra