Macao turns to facial recognition to fight money laundering

Chinese tourists now need to verify their identities before withdrawing funds

Authorities in Macao have turned to facial recognition technology as a means of cracking down on money laundering in the gambling hub.

About 90% of the ATMs in Macao have been equipped with the “know-your-customer” function, which requires Chinese customers to verify their identity using facial recognition or ID cards, the Monetary Authority of Macao (AMCM) announced.

According to the statement, published on January 2, about 1,040 of ATMs in Macao now employ KYC techniques.

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