Keyword: "biometric authentication"

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Transferring 10 million VND may require biometric authentication

Transferring 10 million VND may require biometric authentication

It is expected that biometric authentication such as fingerprint, iris, or facial recognition will be mandatory for money transfers exceeding the minimum level, possibly starting from 10 million VND (410.93 USD), said Deputy Head of the State Bank of Vietnam (SBV)’s Payment Department Le Anh Dung at a September 19 seminar on protecting bank accounts from increasing online fraud risks.
CAAV proposes 2-month pilot of eID accounts for air passengers

CAAV proposes 2-month pilot of eID accounts for air passengers

The Civil Aviation Authority of Vietnam (CAAV) will pilot the use of level 2 electronic identification (eID) authentication for air passengers at airports nationwide from June 1 to August 1, it said in its recent report sent to the Ministry of Transport.