UAE banks introduce digital verification, phase out handwritten signatures

The UAE is phasing out traditional signatures and SMS OTPs for banking transactions, transitioning to a "digital handshake" via mobile apps. This move enhances security by replacing vulnerable SMS codes with in-app approvals, including biometrics, for a faster and more secure banking experience.

from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/JxFr0n7

Comments

Popular posts from this blog

Russia's Brics chairmanship begins; aims to strengthen multilateralism

Who is Oleg Orlov, jailed Russian rights activist