VisionLabs and BS/2 partner for interbank facial recognition services

VisionLabs and Lithuanian banking technology company BS/2 have announced a strategic partnership to create a line of interbank services for contactless identification based on facial identification. The services will be offered as an integrated solution utilize a self-service video surveillance and fraud prevention system from ATMeye.IQ and the LUNA facial verification platform with the existing portrait camera. The solution captures depersonalized user data with video stream analysis including gender, age, race, and emotional responses, providing opportunities for marketing research, KPI

Sberbank acquires stake in biometrics firm VisionLabs

Russian banking and financial services company Sberbank has acquired 25.07% of facial recognition developer VisionLabs, with the remaining stake belonging to the company’s founders and venture fund Sistema_VC. The bank considers the investment in VisionLabs a “major first step” towards building a biometrics platform for Sberbank involving face, voice and retina identification. Sberbank will use the VisionLabs LUNA platform as the foundation for the identification platform which will be used inside Sberbank’s ecosystem and also be available to the wider