biometric authentication

Update news biometric authentication

An upheaval called biometric authentication

The latest report from the SBV showed that after half a month of implementing biometrics, only two banks saw a biometric registration rate of over 20 per cent, and four other banks had a rate of over 10 per cent.

Biometric security in banking: Progress and challenges ahead

Recently, Vietnam has seen the proliferation of "junk" bank accounts. These accounts are officially registered but sold to fraudsters for prices ranging from a few hundred thousand to several million VND.

Hackers can steal money even when facial authentication is required

The requirement of facial authentication when transferring money is useless if scammers can successfully persuade victims to transfer money to them.

Customers report difficulties completing banking biometric authentication

Despite multiple attempts by a female bank employee to assist the customer in updating his information, the app repeatedly reported that the biometric update process could not be completed.

Regulation on required biometric authentication concerns public

Many people have complained that they find it too difficult to have biometric authentication for commercial bank apps.

Biometric authentication applied to domestic passengers in Vietnam's airports

Cát Bi International Airport will pilot the use of a separate lane for domestic passengers using electronic ID cards.

Vietnam sees surge in popularity of contactless payments

The popularity of contactless payments has rocketed in Vietnam over the last few years, with banks launching more options for customers to enjoy going cashless.