South Africa’s Absa Bank Pilots Visa's EMV Chip-based Biometrics

Let’s face it, if financial institutions are going to have any chance of defeating cybercriminals, banks are going to need a multifaceted approach to fraud prevention and security. Mitigating the risk of a security breach is one of many banking concerns that need to be addressed; with innovative technological solutions and intel from payment companies, banks just might have a fighting chance.

The shift to EMV (Europay, MasterCard, Visa) is expanding on a global scale, but could biometric verification be the new normal in banking?

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