Banks to utilize facial recognition at ATMs: reportBy Chen Cheng-hui / Staff reporterTo combat fraud, the Ministry of Finance has required eight state-run banks to install artificial intelligence (AI)-powered facial recognition systems in automated teller machines (ATMs), the Liberty Times (sister paper of the Taipei Times) reported yesterday. If people transfer money while talking on the phone, ATMs would urge them to stay alert to potential fraud, the report said. Photo: Hung Jui-chin, Taipei TimesThe eight banks are Bank of Taiwan Co (臺灣銀行), Land Bank of Taiwan Co (土地銀行), Hua Nan Commercial Bank Ltd (華南銀行), Taiwan Cooperative Bank Ltd (合作金庫銀行), First Commercial Bank Ltd (第一銀行), Chang Hwa Commercial Bank Ltd (彰化銀行), Mega International Commercial Bank Co (兆豐銀行) and Taiwan Business Bank Ltd (臺灣企銀). About 1 to 2 percent of the more than 5,000 ATMs operated by the eight state-run banks have facial recognition systems. The ministry wants to lift the ratio to 20 percent by the end of this year, the report said.

Source: Taipei Times March 15, 2026 17:13 UTC