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Home Tag Gulf Finance

Tag: Gulf Finance

UAE banks are phasing out SMS OTPs for online payments under Central Bank rules, switching to biometric in-app approvals to eliminate SIM-swap fraud.

Business

UAE Banks Phase Out SMS Passwords, Shifting Online Payments to In-App Approvals

Central Bank mandate forces lenders toward biometric confirmation to curb SIM-swap fraud and phishing attacks DUBAI, Sept. 17, 2026 : ...

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