Tag: biometric authentication
Who is the One Withdrawing Money at the ATM Without Biometric Authentication?
While biometric authentication is essential for secure transactions, there's an exception to the rule. You can withdraw cash from ATMs without this verification. However, to ensure uninterrupted access to your funds, your bank recommends updating your details promptly.
“Biometric Authentication for Secure Bank Transfers: Unlocking a New Era of Safety and Convenience”
From July 1st, 2024, citizens will be required to use biometric authentication linked to their e-ID chips when transferring money through mobile banking applications. This additional layer of security is designed to protect citizens' financial transactions and personal information.