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Non-contact Financial Service Accelerates Financial Industry Digital Transformation,Alipay Digital Lifestyle Plan

Jun. 02, 2020

The non-contact financial service accelerates financial institutions digital transformation from the traditional offline to online during the outbreak. And digital mainly refers to use online tools to solve offline problems and achieve online and offline interactions.


Non-contact Financial Service Accelerates Financial Industry Digital Transformation,Alipay Digital Lifestyle Plan


During the Covid-19 explosion, Alipay announced that its payment financial platform would upgrade into a digital lifestyle platform to build a micro-service infrastructure. An incentive program was introduced to encourage developers to create mini-programs to help people cope with the impact of the epidemic, and meet people daily needs and minimize the impact on their lives.


The reason why Alipay upgrade a digital lifestyle platform is that it hopes to create a new infrastructure of digitalized service industry. Through Alipay large platform and work with service providers to promote offline service, it can accelerate the digital transformation of the financial industry. In fact, biological characteristics combined with big data and deep learning algorithm have already combined AI technology with bank services to maximize the security and convenience of financial products and enhance the advantages of traditional commercial banks. 


As an essential attribute of human being, biological feature has the characteristics of strong stability and great individual difference, which can be used as the natural basis of automatic identity verification. At present, the biometrics like face recognition technology has been applied in bank security prevention and control, business management, customer marketing and so on, which promote the financial industry towards digital direction.


Non-contact Financial Service Accelerates Financial Industry Digital Transformation,Alipay Digital Lifestyle Plan


Telpo face recognition devices in accordance with financial standards + detection authentication approaches recognized by industry and own a host of financial authentication as strength guarantee, has already assisted many banks for face authentication, business payments and other processes. Telpo with its own technical advantages and product strength is promoting financial industry like bank to develop toward digital direction. It is conductive to standardize implementation standards and create good industry ecology.


During the outbreak, non-contact services both reduce the risk of aggregation and ensure the quality of financial services. And financial institution accelerates the development of online and offline business will also facilitate the digital transformation of the financial industry.


Non-contact Financial Service Accelerates Financial Industry Digital Transformation,Alipay Digital Lifestyle Plan


Tag: financial industry, digital transformation, digital financial, online and offline, financial service, Alipay, biological, face recognition

Company Introduction: Telpo is solidly located in the smart terminal industry forefront as it sticks to technology-driven and market demand-oriented. With keen market insight, Telpo has developed smart payment, smart community, smart retail, smart restaurant, face recognition temperature measurement, government election, and other scene applications to build a "cloud + terminal" brand and complete solution.

 


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