The Agricultural Bank of China is piloting facial recognition scanners on two of its ATM machines in Guiyang, southwest China's Guizhou province. Sometimes referred to as "Smile to Pay" technology, this ATM lets you smile to get paid. Shandong Business Daily reports users can withdraw money from the ATM machines by looking into a camera to have their facial features scanned. The scanners feature infrared cameras that can tell a real human face apart from pictures and masks. In addition to scanning their faces, users will have to type in their cell phone and ID numbers to get the money. They can withdraw a maximum of 3,000 yuan per day through facial recognition ATMs. The bank is aiming to have facial scanners installed on all of its ATM machines across Guizhou by the end of this year. The Agricultural Bank already has these scanners at 37 of its bank counters across China. The scanners are also featured at the Merchants Bank's ATM machines in 106 cities across China. Face scanning is widely applied in China. In addition to withdrawing money, it can help make payments at fast-food restaurants, checking in at various hotels and other parts of traveling both easier and faster. how to take off festival wristbandmake rubber braceletsprinted wristbandscustom rubber braceletspersonalized silicone braceletsadjustable wristbands
MACAO - Macao's broad money supply retreated in February, and resident deposits also dropped, the special administrative region's monetary watchdog said on Wednesday.The latest report issued by the Monetary Authority of Macao said that currency in circulation and demand deposits grew 6.0 percent and 0.3 percent respectively. M1 thus increased 1.5 percent from one month earlier.On an annual basis, M1 and M2 grew 11.7 percent and 12.1 percent respectively.Resident deposits dropped 0.7 percent from the preceding month to 589.9 billion patacas (about $72.96 billion) while non-resident deposits also fell 1.1 percent to 254.7 billion patacas (about $31.50 billion).Meanwhile, public sector deposits with the banking sector increased 4.7 percent to 197.4 billion patacas (about $24.44 billion).At the end of February, the loan-to-deposit ratio for the resident sector edged up from 58.6 percent at the end of January to 58.7 percent. Meanwhile, the ratio for both the resident and non-resident sectors also rose from 87.0 percent to 87.1 percent.
