CCB takes innovative path to smart bank

Ten years after its initial public offering in Hong Kong, China Construction Bank Corp, the country's second-largest lender by assets, is accelerating its transformation into an innovative, smart bank by offering multifunctional, comprehensive banking services.

Today, in less than two minutes, a customer can open an account with CCB through its smart teller machines, by having their identification verified through a combination of facial recognition, ID photo check and fingerprint authentication technologies.

The lender started operating the STMs in Shenzhen, Guangdong province, on a trial basis in July and plans to launch the machines across the city by the end of this year. Clients can use the STMs for multiple services involving no cash, such as money transfer and purchase of wealth management products.