Multiple Media Reports: Focusing on 3D Facial Recognition, Sunny OIT Builds Financial Payment Security Fortress

Recently, Sunny OIT was invited to attend the "Facial Recognition · Financial Payment" Innovation Summit. Luke, the Marketing Director, delivered a keynote speech titled "Beyond Optics: Sunny Optical's Exploration Journey in ToF Applications." The event was covered by nearly ten media outlets including Consumer Daily, Phoenix Network Technology, Sina Tech, IT Home, and GeekNet.

In the era of the digital economy, market demands are rapidly evolving. Mobile payment security verification methods have progressed from electronics and fingerprints to "facial recognition." According to MEMS Consulting data, China has become the world's fastest-growing country in terms of 3D facial payment technology and market development. "Face-swiping" has become commonplace in public settings such as banks, train stations, and airports. The "Financial Technology (FinTech) Development Plan (2019-2021)" (hereinafter referred to as the "Plan") issued by the People's Bank of China (PBOC) has further offered reassurance to the financial technology industry.

Recently, software and hardware companies and professionals from across the facial recognition industry chain gathered in Shanghai at the "Facial Recognition · Financial Payment" Innovation Summit, co-hosted by the China International Optoelectronic Exposition (CIOE) and MEMS Consulting, to conduct in-depth analysis on future value-added services and new market opportunities for facial recognition.

Technology Full Coverage: ToF and Structured Light Empower Financial Payments

The most critical hardware component for achieving financial-grade security in facial recognition is the 3D camera, which plays a decisive role. It is widely known that the mainstream 3D camera solutions currently on the market fall into three categories: Time of Flight (ToF), Structured Light, and Binocular Stereo Vision. As a pioneer in China's 3D robotic vision field, Sunny OIT's technology covers all three solutions mentioned above. Its ToF and Structured Light vision solutions have long been mass-produced, achieving consumer-grade 3D camera module shipment volumes at the million-level (kk) as early as 2016.

 It is reported that Sunny OIT is a subsidiary of Sunny Optical Technology (Group) Company Limited, an optical industry leader. Acting as Sunny Optical's pathfinder in the 3D vision sector, Sunny OIT has captured a significant share of the 3D vision module market for floor-cleaning robots, with monthly shipment volumes exceeding 100k units. This success has expanded the application of ToF technology beyond smartphone lenses into broader domains. Luke, Marketing Director of Sunny OIT, stated that besides mature R&D capabilities in optics, mechanics, and electronics, along with strong production capacity, Sunny OIT has also established a comprehensive system in embedded development, application algorithms, and APP development.

The journey from R&D to application and final implementation of any technology involves continuous breakthroughs and refinements, which is especially true for facial recognition technology given the recent controversies surrounding it. Notably, multiple models of Sunny OIT's facial recognition ToF depth cameras and Structured Light cameras can perform recognition in as fast as 0.5 seconds, with accuracy rates reaching 99.9%. The high anti-spoofing capability and low recognition error rate of Sunny OIT's ToF and Structured Light solutions undoubtedly provide technical assurance for facial recognition applications in financial-grade consumption scenarios, such as financial payments.

National Financial Payment Standard Certification: Building an Information Security Fortress

Information privacy and security represent the public's bottom line for facial recognition technology. The deployment of facial recognition requires joint supervision from all sectors of society. How to technically safeguard facial information security and how to empower new application fields to benefit more people are agendas jointly pursued by industry practitioners.

The PBOC's "Plan" reflects the regulatory authorities' high regard for the development of financial technology. Luke pointed out in his speech that Sunny OIT's self-developed facial recognition liveness detection algorithm can resist attacks using 3D masks and even highly realistic head models. Multiple models of its 3D Structured Light cameras and ToF depth cameras have obtained the Enhanced Level certification for facial recognition liveness detection from the Bank Card Test Center (BCTC). This also signifies that Sunny OIT's 3D facial recognition products meet the nationally certified financial payment-grade security standards.

Document No. 25 issued by the National Healthcare Security Administration (NHSA) in 2020 detailed technical specifications for service terminals supporting face-swiping applications, emphasizing the security requirements for facial recognition. Luke revealed that Sunny OIT's financial payment-related solutions are expected to be implemented in scenarios such as healthcare insurance and UnionPay POS systems in 2021, with projected shipment volumes reaching the hundred-thousand (100k) level.

Under national supervision and emphasis, financial technology innovation is continuously empowering financial development. It is believed that companies within China's related industry chain, like Sunny OIT, will leverage robust facial recognition technology, rely on strengths in algorithm capabilities and information security protection, provide the public with accurate and efficient facial recognition services, and usher in a safe and convenient "face-swiping era."