Fingerprint-enabled card launched in Vietnam

Mekong Development Joint Stock Commercial Bank (MDB) on Tuesday launched its debit card using fingerprint recognition technology, marking the presence of the first biometrics-enabled debit card ever in the country.

The bank has implemented Temenos T24 Biometric fingerprint authentication to provide the unbanked population of Vietnam with access to banking services. MDB is already running the bank on T24, which is a simple modular upgrade to incorporate biometrics into the system seamlessly.

According to the bank, by integrating innovative technologies with MDB debit cards, performing any transactions is now more convenient and secure.

Biometric authentication lowers the risk of theft, while providing a more convenient banking service. Customer fingerprints will be captured by MDB at the time of opening an account, which can then be used at any of 33 ATMs fitted with this technology across Vietnam.

When doing transactions at ATMs of other banks in the Smartlink system, MDB Debit Card holders can use their own Pin codes instead of fingerprints.

MDB said that it will invest more in its ATM system in the near future, as well as use fingerprint recognition technology in other services

Saigon Times Daily

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