Vietnam Mandates Biometric Authentication for Online Banking by 2025
Vietnam is implementing a comprehensive biometric verification requirement for online banking transactions beginning January 1, 2025, expanding on its initial…
digital banking
Articles tagged with digital banking
RaonSecure Wins $2.7M Biometric Authentication Contract with Japanese Digital Bank
South Korean cybersecurity firm RaonSecure has secured a contract worth 3.57 billion won (approximately $2.7 million USD) with Japan’s Sumishin SBI Net Bank to…
Daon Partners with Oracle to Enhance Digital Banking Security
Daon has formed a strategic partnership with Oracle to enhance digital identity solutions by combining their respective expertise in biometric technology and…
KakaoBank’s Digital Certificate Service Hits 15 Million Users in South Korea
KakaoBank’s digital certificate service has reached 15 million users in South Korea, marking a significant milestone just one year and ten months after its…
NAB to Replace Passwords with Biometric Authentication by 2030
National Australia Bank (NAB) has announced plans to eliminate traditional passwords in favor of advanced authentication methods like fingerprints and facial…
Lumin Digital Partners with ID Dataweb to Secure Digital Banking
Cloud-native digital banking provider Lumin Digital has partnered with ID Dataweb to introduce identity security protection for its customers. The…
47,000 Kuwaitis Miss Biometric Registration Deadline
The Ministry of Interior in Kuwait is reporting that 47,445 Kuwaiti citizens missed the biometric fingerprinting deadline on September 30. As a result,…
AUB Becomes First Philippines Bank to Integrate eVerify Digital ID System
Asia United Bank (AUB) is set to become the first bank in the Philippines to fully integrate the Philippine Statistics Authority’s (PSA) eVerify system into…
Kurds Look to Biometrics to Fight Payroll Fraud in Government
The Kurdistan Regional Government (KRG) is taking steps to address issues related to salary payments for civil servants by implementing biometric technology.…
India’s Airtel Bank Launches Biometric Anti-fraud System
Airtel Payments Bank has launched a security feature called Face Match to enhance account protection. The feature uses machine learning algorithms to calculate…