Vietnam completes biometric verification for 13M citizens amid fraud concerns

>A new rule that came into effect on July 1 requires Vietnam’s banks to perform face biometric [authentication of customers](https://www.biometricupdate.com/202406/vietnam-ramps-up-digital-transformation-but-users-report-snags-in-biometric-updates) making 10 million Vietnamese dong (approximately US$393) at once or VND 20 million ($785) in a day or opening accounts. This initiative aims to reduce the reliance on traditional methods like passwords and PINs, in a bid to minimize the risk of fraud and improve the overall user experience.



[https://www.biometricupdate.com/202407/vietnam-completes-biometric-verification-for-13m-amid-fraud-concerns](https://www.biometricupdate.com/202407/vietnam-completes-biometric-verification-for-13m-amid-fraud-concerns)

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