Xinhua News Agency
News about Xinhua News Agency.
April 25th, 2016
Chinese smartphone maker Xiaomi is to launch an NFC based Xiaomi Pay mobile payment service in partnership with China UnionPay. “The two parties will design a mobile payment product for Xiaomi’s smartphones,” Xinhua News Agency reports, adding that the companies have yet to specify a timetable. The announcement follows the unveiling of handset maker Huawei’s Huawei Pay NFC service that is also set to launch in China.
June 2nd, 2015
Researchers at China’s Tsinghua University and technology company Tzekwan have unveiled an ATM with inbuilt facial recognition features. “The ATM camera captures facial images and compares them with the ID photos of users for verification,” Xinhua News Agency reports. “The machine will be able to identify the cardholders if their facial features have changed and avoid thieves who attempt to trick the machine.”