Hong Kong bank customers will see themselves in old age


Thus, the bank wants to attract customers for retirement planning.

Hong Kong bank customers will be able to see themselves in old age. Photo: Connected

DBS Hong Kong Bank has introduced a new tool that shows customers what to expect in the future by creating their visual picture of old age.

The Face Your Future Financial Institute program uses Face Recognition and Artificial Intelligence technology to identify customers to plan their retirement.

Face Your Future’s proprietary algorithm predicts users’ future costs based on their retirement lifestyles. Users can customize their future lifestyles, set their preferences, decide when they want to retire, and imagine how they might look in old age.

Ajay Mathur
Head of Consumer Banking and Asset Management at DBS Bank

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Earlier it was reported that due to coronovirus epidemic, Singapore DBS Bank announced plans to appoint more than 2 thousand new employees. According to information, new posts will be formed in more than 1 thousand jobs, including vocational training for university graduates. In addition, the bank will leave its internship program unchanged, recruiting 400 young professionals annually.

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