Opening a bank account brings vivid images of filling multiple forms and signing x number of times on them.
HSBC business customers can now open new accounts by taking a selfie picture so that verify their identity.
In doing so, HSBC became the first bank to use facial recognition technology for opening bank accounts.
HSBCs move is like to bring about a mini-revolution in the way we open our banking accounts.
source: www.techworm.net