In the article below, MISA meInvoice will summarize for readers the most complete information related to the issue of updating biometric data on banking apps.
Instructions for updating biometric data on banking apps and how to fix errorsTable of Contents Hide
1. Why is biometric authentication needed in banking transactions?
1.1 What is biometrics?
1.2 Legal basis: Decision No. 2345/QD-NHNN
1.3 Benefits of applying biometric security in banking transactions
1.4 Differences between new biometric security under Decision 2345/QD-NHNN compared to
previous forms of security
1.5 Which transactions require facial biometric authentication?
2. Instructions for self-updating germany telegram data chip-embedded CCCD biometrics on banking apps
3. Fix the error of not being able to authenticate biometrics from the chip-embedded CCCD card
SOME IMPORTANT NOTES:
1. Why is biometric authentication needed in banking transactions?
1.1 What is biometrics?
Biometrics is defined as the unique
stable physical attributes and biological this problem generates another characteristics of a person to identify and distinguish them from others; including facial images, fingerprints , irises , DNA and voice . (According to Clause 3, Article 3, Law on Identification 2023 No. 26/2023/QH15 issued by the National Assembly on November 27, 2023)
Some applications of biometric data in paymen crawler data transaction security, banking transactions in Vietnam and around the world today:
Scan fingerprint to authenticate money .transfers, top up e-wallets, pay bills on your phone.
Scan face id to authenticate. Money transfers. Top up e-wallets, and pay bills .on your phone.
Scan fingerprint.to withdraw money at atm withou. Physical card.
Palm Scan to Withdraw Cash at ATMs Without a Physical Card
Scan your palm to pay directly at the counter
Biometric facial verification to transfer money, top up e-wallet, pay bills on phone. …
Some applications of biometric data in payment transaction
Issuing agency State Bank of Vietnam
Classify Electronic identification and authentication
Abstract
The State Bank of Vietnam has issued Decision No. 2345/QD-NHΗΝΝ on implementing safety and security solutions in online payments and bank card payments.
Download document
1.3 Benefits of applying biometric security in banking transactions
Safe transactions, enhance user security in conducting electronic transactions, help minimize the risk of fraud and scams.
Convenient and fast transactions: With banks, customers’ biometric data is unique, no need for 3 or 4 layers of authentication as before.
Eliminate risks of traditional security authentication methods such as: card information theft, card loss, lost/forgotten pin code…