Emirates banks announce a new way to verify customers
As part of a comprehensive update of the terms and conditions will become effective on November 1st, financial institutions have disclosed their intention to verify customers by using "biometric identity" as one of the sufficient identification methods, in addition to the rest of the methods that are currently in force, This comes as part of a larger plan to use all of the methods that are currently in effect.
These banks clarified that they may use any means to identify the customer and verify his identity, including the use of "biometric identity." As a result, the customer must agree within the terms and conditions to use these means, and he or she must also acknowledge that any instructions verified through these means will be legally binding on him.
"The customer must also consent to the collection of biometric data," she continued, "including unique physical and non-physical features such as voice and face, eye and hand print, walking movement, signature and fingerprint that can be used to verify the authenticity of the customer's identity, and used by the bank, as permitted by applicable law." "The customer must also consent to the collection of biometric data," she emphasised. "These features include voice and face, eye and hand print, walking movement, signature and fingerprint."
new way to verify customers in uae banks
The most recent version of the Terms and Conditions stipulates that the financial institution reserves the right to alter the associated fees and interest rates at any time, so long as the customer is given adequate notice of the change through the appropriate legal channels. The client is considered to have accepted the final fees and rates associated with this account or the applicable service if they continue to access the account, operate it, or use the service after those changes have been made.
It is noteworthy that the "biometric fingerprint" is one of the means of maintaining security in all nations of the world, where the fingerprint and Eye system is used, or matching the template of a person's biometrics and precisely identifying him in a way that does not allow any error. This is the case in all countries where the fingerprint and Eye system is used.
