Biometrics
Expanding biometrics, banks take action to prevent digital fraud
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Along with biometrics, Vietnamese banks are actively implementing measures to protect customers from the risk of fraud and scams in the digital age.
Elderly people and shippers rush to update biometrics ahead of schedule
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The deadline of January 1, 2025 is approaching, the elderly and customers with NFC and Face ID errors are rushing to use biometric authentication, making transaction rooms more crowded at the end of the year.
Vietcombank opens after-hours transactions to serve customers updating biometric information and identity document information
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Following Vietcombank's announcements that customers must update biometric information and expired identification information to comply with the State Bank's regulations related to ensuring security and safety in online payments, with the aim of further enhancing customer support, Vietcombank announces the opening of transaction points outside of business hours from November 23, 2024 to January 15, 2025, specifically as follows:
Resolutely eliminate non-owner payment accounts
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The Prime Minister directed to resolutely eliminate payment accounts without owners' names and accounts with incorrect information.
Agribank supports customers to collect biometrics at transaction counters
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In order to collect information on customers' chip-embedded citizen identification cards, support compliance with regulations on financial transaction authentication, and customer authentication on electronic transaction channels in Decision 2345/QD-NHNN, from July 1, 2024, Agribank has expanded authentication collection across the system. From there, it promptly coordinates and supports customers to register and authenticate biometric data when the device is incompatible or cannot be performed by itself.
Things to know about NFC technology
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Recently, banks have required users to update biometrics in their bank accounts, however, many users do not know how to turn them on or use NFC (Near-Field Communications), leading to the inability to complete the update process. Here are instructions for using NFC and some notes when using this new technology.
UK government monitors migration crimes with smart devices
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According to The Guardian, the UK government will monitor migrants using smartwatches and require them to scan their faces five times a day.