YOUR MONEY SORTED Security measures for digital banking
Jan 08, 2021
3 minutes
BY LETITIA WATSON
IF YOU bank online, you’ll have noticed that your transactions now include extra security measures. This is a bid by banks to stamp out fraud and ensure that you can transact safely. Here’s a look at some of the steps that are being taken to keep your money safe.
BIOMETRIC VERIFICATION
These processes verify the client’s identity with the help of unique physical characteristics such as the retina and iris of the eye, the voice, facial features and fingerprints.
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