UAEs initial biometric authentication solution for e-commerce unveiled by ADIB in alliance with VISA

Facebook
Twitter
LinkedIn
cart-1987511_1280_aalmeidah_Pixabay.com_UAEs initial biometric authentication solution for e-commerce unveiled by ADIB in alliance with VISA
Image Credit: - Image by Aalmeidah from Pixabay

Biometrics makes it tougher for intruders to utilize illegally accessed clientele credentials, permitting for tougher security and a time-efficient experience.

The Group Head of the Retail Banking, at the ADIB, Philip King, stated out that; โ€œDue to the pandemic, online security and fraud protection has become more essential than ever. E-commerce websites have to confront various security issues from online fraud to theft of confidential data. Unlike conventional authentication processes, a biometric identification system uses the physical characteristics of an individual to grant account access, ensuring the security of consumers. Through our partnership with Visa, we aim to continue evolving our approach to using digital solutions to improve our customersโ€™ experience.โ€

Shahebaz Khan, Visaโ€™s general manager for UAE stated out that โ€œOur Consumer Authentication Service is an example of how Visaโ€™s network intelligence can create tangible value for our bank clients and merchants. Because the solution only prompts consumers for verification of the riskiest e-commerce transactions, most consumers will have a streamlined authentication process. Consumers in the UAE are savvy and with more transacting online, Visaโ€™s biometric solution for ADIB offers them the safe and optimal online payment experience they increasingly expect.โ€

Share.

RELATED POSTS

web-4861613_1280_Gerd Altmann_Pixabay.com_The Paradigm shift and Banking Arena of 2030's will be a whole new dimension for the Clients
The Paradigm shift and Banking Arena of 2030's will be a whole new dimension for the Clients
Main technology
For boosting the digital payments offerings in Middle East territory, Dubai's FinTech Mamo secures $8Mn within pre-series A funding seed round
switch-5015530_1280_ananitit_Pixabay.com_Addressing huge data centre cooling hurdles and how can it be resolved by the technology providers
Addressing huge data centre cooling hurdles and how can it be resolved by the technology providers

LATEST POSTS

Bernar Kari as Interim Chief Executive Officer (CEO), Etihad Credit Insurance (ECI). Image courtesy-Etihad Credit Insurance (ECI)
Pantheon Developmentโ€™s Elysee Heights JVC. Image Courtesy-Pantheon Development
Harmattan AI and Barzan Holdings agreement signing ceremony. Image Courtesy-Harmattan AI
NAMA Women Advancement, in collaboration with Sharjah Islamic Bank, concluded the three-day โ€œMastering Financial Management. Image courtesy-NAMA