China: Will the facial recognition ATM end cash-machine fraud forever?

Customers queued in Beijing, Saturday to withdraw money from what might be the first facial recognition ATM in the world. The machine, developed by researches from the Tsinghua University and a company called Tzekwan Technology, is designed to crack down on financial fraudsters. The new cash machine looks like any other, but has a camera inside. Customers can see themselves in a little screen in the left-top corner of the display, with software putting a red square around their face. The ATM works by mapping this facial data, using facial feature and iris recognition technology, and matching it against an ID database. The developers believe the technology will ensure greater security for card users.