CiCS Facial Recognition Technology collaborate with Yuanta Bank to Debut at Taipei Fintech Expo

Taiwan's most significant financial event, FinTech Taipei 2019, will be held on the 1st floor of World Trade Center Hall 1 from November 29th to 30th. Zhongqiang Optoelectronics (5371) subsidiary ‒ Zhongqiang Optoelectronics Smart Cloud Service will cooperate with partners— Yuanta Bank jointly exhibits the face recognition marketing system. It uses AI face recognition technology, a smart cloud content management platform and a multi-touch laser ultra-short-focus projector to realize precise marketing strategies, providing innovative Services closer to demand.

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Zhongguang Intelligent Cloud Service focuses on AI artificial intelligence, Big Data analysis and cloud technology. It focuses on two major smart retail solutions and smart fitness with a service-oriented business model. It has been established for only two years and is recognized by domestic and foreign customers. The solution has been successfully introduced into domestic and foreign MRTs, airports, well-known convenience stores, and chain beauty stores. In 2019, it officially stepped into the financial industry. With the role of cross-industry resource integration and solution provider, it helps customers to obtain the maximum benefit through interactive experience and marketing strategy of mutual guidance, thus creating a three-way relationship among consumers, the financial industry and the retail industry.

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Since September this year, CiCS has cooperated with Yuanta Bank and Laierfu to provide an interactive consumption experience at Yuanta Bank Huashan Branch and the newly opened Wanhua Branch. Customer groups of gender and age promote financial products and offer consumption discounts at Lifestyle Convenience Stores through interactive games. These not only guide customers to nearby Lifestyle Convenience Stores but also stimulates consumers to use the Yuanta Bank mobile app to experience The convenience of mobile payments.

This cooperation case demonstrates the solid software technology background of Zhongqiang Smart Cloud Service and the hardware strength of Zhongqiang Optoelectronics and promotes cross-border cooperation between customers. It is the first initiative to combine smart retail and digital finance successfully. In the future, CiCS will actively participate in the Open Banking application led by the Financial Supervisory Commission, hoping to create more possibilities for smart retail and digital finance with a flexible business model and the convenience of open data.

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News from: https://money.udn.com/money/story/5613/4193475

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