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Visa has introduced a new identity verification system following first-ever deployment of its Tap to Confirm and Tap to Activate technology for issuing banks.
The digital payment company announced on Wednesday that it launched this technology in collaboration with fintech partner Keyno and Fidelity Bank (Bahamas).
Visa said, “This innovation represents a paradigm shift in how consumers prove who they are to their financial institutions —turning the physical Visa card into a trusted identity credential that works with a simple tap inside the banking app they already use.”
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