MONEY TRANSFER USING FACE DETECTION

ABSTRACT:
Fraud is a major problem in international money transfers. Fast money transfers are mostly
accomplished through various processes and procedures that avoid or prevent various types of
fraudulent activity. Going through multiple banks in many countries enhances and monitors the
process. A biometric payment is a POS system that can use physical characteristics to identify users
and withdraw funds from their bank accounts. Fingerprint payments based on fingerprint scans are the
most commonly used biometric payment method. Ace Detection, also known as face recognition, is an
AI-based technology for finding and identifying human faces in digital images. Facial recognition plays
an important role in many important application initiatives such as face tracking, face analysis, and
facial recognition. Facial recognition applications use an algorithms and ML to detect human faces in
large images that often include non-face objects such as landscapes, buildings, and other body parts
such as feet and hands. Biometric security systems use facial recognition to uniquely identify
individuals during user onboarding or login to enhance user authentication activities. Facial analysis
technology is also widely used for mobile and personal device security. Facial analysis technology is
also widely used for mobile and personal device security. There is no flexibility to identify an
individual if there is a cut or scratch, or if the fingerprint becomes smudged or oily. Fingerprint sensors
are sensitive and work to their advantage when the fingers are clean, but these sensors are inefficient in
industries such as mining, construction, and manufacturing. However, fingerprint recognition remains
the most popular use case for biometric solutions, and new facial recognition technologies are also
rapidly gaining momentum. Facial recognition technology is less invasive and can be more naturally
integrated into daily life and processes.