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Why is New Device Verification feature implemented?

This feature is made for:

  • Reduce security risks, especially from account takeover attacks.
  • Protects sensitive activities, such as PIN settings, fund withdrawals, and crypto asset transfers.
  • Ensure the identity of the user accessing the account through a biometric verification process (facial recognition & liveness detection).
  • Create an audit trail, so that every device verification attempt can be recorded for security and compliance purposes.