The tech Company, FacePhi, has implemented successfully its facial recognition software in Banco del Pacífico in Ecuador. The agreement with the entity reaches the next three years and its main goal is to use the facial biometrics of the listed Spanish company in different channels of the bank to increase the security of its clients.With this agreement, there are six financial entities that have decided to increase the security of their clients with the technology that the company from Alicante offers, allowing it to continue with its expansion strategy and making it a global leader in facial biometric applied in banking sector.From today, the clients of Banco Pacífico can access to their banking accounts through their mobile devices by using their face. The bank has become the second financial entity of Ecuador (the first one was Banco Guayaquil) that offers to the users the facial recognition technology of FacePhi.The FINTECH sector (Financial Tech Companies) is now booming and a proof of it is that the clients of Banco del Pacífico could access to check balances of their accounts quickly and in a safely through a “selfie”.

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