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biometrics
Biometrics related news updates
From July 1, 2025: Many banks will stop transactions with accounts that have not updated biometrics
From July 1, 2025, organizations, businesses and business households will not be able to make cash withdrawals or electronic payments if they have not updated the identity and biometric information of their legal representatives.
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From July 1, 2025, temporarily suspend transactions with businesses that have not yet verified biometrics
From July 1, 2025, according to Circular 17/2024/TT-NHNN of the State Bank of Vietnam, businesses that have not completed biometric authentication for legal representatives will have all electronic transactions suspended, including withdrawals and payments via bank accounts.
Europol warns of risks from biometric identification systems
Biometric identification technology, which seems to be completely safe, has many potential security risks. In its latest report, the European Union Agency for Law Enforcement Cooperation (Europol) highlighted the growing threats to this technology.
Promoting biometrics and cashless implementation in Nghe An
From July 1, 2024, transactions of VND 10 million or more per transaction or over VND 20 million per day must be biometrically authenticated. Up to now, after more than 6 months, banks have actively participated, but in reality there are still difficulties.
Nghe An: Highlights on December 18
Provincial leaders award Certificates to investors; Fishing villages bustle with anchovy processing season… are the highlights of December 18.
There is no biometric update overload at banks in Nghe An
According to the State Bank’s regulations, from January 1, 2025, account holders will not be able to make transactions without updating their biometrics. These days, the number of people going to banks to complete the information update has increased but there is no problem of overload…
Australia leads the fight against the harmful effects of social media on children
Australia is preparing to implement one of the world's strictest social media regulations. In a bid to protect children from harmful content, Australia will ban children under 16 from creating accounts and accessing popular social media platforms.
The world's first airport will fully adopt biometric boarding by 2025.
September 3, 2024 12:11
By 2025, Zayed International Airport in the United Arab Emirates (UAE) will revolutionize the aviation industry by becoming the first airport in the world to fully implement a biometric security control system.
The role of biometric authentication in financial technology applications
August 23, 2024 08:20
Biometric authentication, with its unique identification based on human biological characteristics, has been playing an important role in enhancing the security of financial technology applications.
Warning of fraud using biometrics
July 6, 2024 06:59
The implementation of biometrics is a policy of the State Bank of Vietnam (SBV) to enhance customer security and help reduce fraud. However, the forms of fraud are also rapidly changing.
Customers struggle with biometric authentication for banking transactions
June 29, 2024 18:57
From July 1, online banking transactions will apply bio-authentication according to Decision 2345 of the State Bank.
Biometric technology is paving the way for the future of facial payments
June 10, 2024 14:40
Current cashless payment methods still pose the risk of password disclosure and information theft... Therefore, biometric technology was born as a safe and convenient solution, opening the door to the future of facial payment.
Nghe An: Highlights on June 9
June 9, 2024 20:20
Typical examples of the Nghe An Provincial Business Bloc Party Committee reporting its achievements to Uncle Ho at the Ho Chi Minh Mausoleum; From July 1, money transfers must have facial authentication; A fisherman missing at sea... are information posted on baonghean.vn.
The world's first passport-replacing identification system
June 19, 2017 19:25
For visitors and residents arriving in Dubai, a new facial recognition software, soon to be introduced at Dubai International Airport, will allow them to go straight to baggage claim after disembarking from the plane without having to stop at passport control.
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