Vietnam completes biometric verification for 13M amid fraud concerns

Vietnamese banks have successfully completed biometric verification for over 13 million customers in just two days, with the aim of enhancing security and streamlining services. The milestone, reported by SGGP, however, comes with emerging concerns about inadequate protection against fraud schemes with unsophisticated spoofs and vulnerability to biometric data theft.

A new rule that came into effect on July 1 requires Vietnam's banks to perform face biometric authentication of customers making 10 million Vietnamese dong (approximately US$393) at …

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