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World News

The Times of India

World / The Times of India

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UAE banks introduce digital verification, phase out handwritten signatures

The UAE is phasing out traditional signatures and SMS OTPs for banking transactions, transitioning to a digital handshake via mobile apps. This move enhances security by replacing vulnerable SMS codes with in-app approvals, including biometrics, for a faster and more secure banking experience.

29 Jan 2026 2:46 pm