Vietnamese Bank Issues Fingerprint-Enabled Debit Cards 36
Posted
by
timothy
from the can't-come-soon-enough dept.
from the can't-come-soon-enough dept.
sweetpea86 writes "Mekong Development has become the first bank in Vietnam to launch fingerprint authentication enabled debit cards. Fingerprints are captured by Mekong Development at the point of opening an account, and then can be used, instead of a pin, to access funds. Not only has Mekong's account base tripled through the use of fingerprint technology since its launch in June, but the deposit balance per debit card account is two times higher than a regular account."
Great (Score:5, Insightful)
Why "instead of"? (Score:5, Insightful)
The use of a fingerprint and a pin together would raise the security further still. Many institutions are switching to two forms of authentication, which is why you're seeing more security questions. A fingerprint is a second authentication that an account holder doesn't need to remember.