
Face recognition and fingerprint authentication are two of the digitized solutions being promoted by banks during this time.
Instead of taking numbers, waiting, hand-filling paper forms, presenting identification documents, Mr. Nguyen Ngoc Anh can easily perform the deposit, cash withdrawal and other procedures at the counter quickly. Because all your needs are known by the teller.
By withdrawing money at an ATM with a magnetic card, an intruder can steal information and make a fake card. Along with the replacement of chip cards, newer ATMs at payment stores will be integrated with new authentication methods, without using physical cards.
TPBank currently has more than 200 automatic banks (LiveBank) nationwide. According to the bank’s leader, the authentication of transactions by face recognition is a way to ensure security, avoiding the use of fraudulent identity cards, fake identities to conduct fraudulent transactions at banks. line.
Face recognition and fingerprint authentication are just two of the digital solutions being promoted by banks during this time. There are banks that offer interconnection solutions between banks and hospitals to support patients.
In the past, digital banking centers of many banks have been created to create new products and services or combine with Fintech companies to create many technological solutions. Digitization from internal operations to transactions with customers is the goal of the banking system this year.
(Source: VTV)
Other News
Banks change cards to prevent theft
About 23 million domestic cards issued by local banks will have to complete conversion to chip cards within the last 6 months of 2019. By the end of 2021, all cards in the domestic ATM market are based on chip technology. Convert about 23 million ATM cards On the evening of May 28, Vietnam National
Details
COVID-19 Translation: The State Bank implements solutions to support customers
On February 24, the State Bank of Vietnam issued Document No. 1117 / NHNN-TD on the implementation of customer support solutions due to the impact of the COVID-19 epidemic. Accordingly, the current acute respiratory infection due to the new strain of Corona virus (outbreak of COVID-19) is complicated, affecting production and business activities, thereby affecting
Details
Vietnam will soon become a cashless country
That is the affirmation of Mr. Safdar Khan, a veteran member of Mastercard, who has just taken on the role of the Group’s head of emerging markets in Southeast Asia. According to Nikkei, in Asia, in the battle of electronic payment, Visa and Mastercard are facing many challenges when credit cards seem to be losing
Details
100 million in a bank account ‘without wings but flying’
In 30 minutes, the bank account of Mr. Vo Tan Dinh opened at Sacombank was withdrawn 100 million when fraudsters made 35 money transfer transactions. Mr. Vo Tan Dinh said that on the morning of February 18, he went to Sacombank’s transaction office in Bau Bang district (Binh Duong) to deposit VND 105 million into
Details
Deputy Prime Minister Vu Duc Dam: Health and education must implement non-cash payment by 2020
Deputy Prime Minister Vu Duc Dam said that the Government has instructed industries such as tax, insurance, telecommunications and electricity to apply non-cash payments …; in which two fields, education and health, must be implemented before 2020. At the Forum of developing electronic payment ecosystem 2019 with the topic “Moving with chip technology”, Deputy Prime
Details
What is a chip card? Why use a chip card instead of a magnetic card?
Chip card (English: Chip card) is a plastic debit or credit card with the standard size and contains a chip located on the front of the card. Chip cards Concept Chip cards in English have many ways to call such as Chip card, smart cards, chip-and-pin cards, chip-and-signature cards, Europay – MasterCard – Visa (EMV)
Details