What an awful idea.
It all depends. Korea has this, too. You can typically register your facial image with certain retailers that you visit often, and instead of bringing cash/phone with you, you can just use your face. Lots of people seem to use it, but Koreans don’t have the antimocity against surveillance that Americans do.
So it all depends.
Pass
I’d close the account and switch to another bank
Need to input an additional passcode which is unnecessary when using a cash card, and still need to input the PIN. It is remembering 1 more thing in exchange of carrying the card.
Not as insecure as I first thought as just scanning your face and getting authenticated, nor as convenient as that would be.
I don’t see it getting so popular that it replaces cash cards. There is not a huge advantage to the user so banks probably cannot convince that many people to give up their biometric data for this service.
Remember that East Asian privacy culture is different
Doesn’t mean it’s good or should spread as an idea.
And their criminals are very polite and go away if you ask.
China: amateurs
First thing that comes to mind is if finger print wouldn’t be safer option but then I remembered that episode of myth busters.
Several companies are implementing facial recognition because they can sell the hash of your face to specialized companies. More profit in addition to helping to create a perpetual surveillance state
I don’t remember that episode of Mythbusters
S4.E16 Crimes and Myth-demeanors 2 They were testing different security systems and how to trick them.
🤦