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The Secretary General of the Committee for the Information and Sensitization of Banks and the Official Spokesperson of Saudi Banks, Talaat Hafez, denied the validity of what had been disseminated regarding the directive of Saudi banks to launch a new technology allowing the implementation of banking using the facial tag instead of the secret code and ATM cards.
The spokesman for the Saudi banking sector said that what has been handled in this regard is completely false and inaccurate.
The sources said that one of the Kingdom's ATM vendors had entered into a partnership with a global company to develop a property intended for the use of ATMs rather than the secret code to withdraw funds, which denies the spokesman of the Saudi banks.
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