NEW SECURITY BANKING TREND

Usually our clients use it to simplify the process of log into the internet bank – no user name or any data input, just scan the QR and you’re in.

Payment transaction authentication methods. Which is the best?

In relation to payment transactions, there are many hidden pitfalls, because there is a range of fundamental differences between a regular application and a payment system (like a plastic card, e-wallet, etc.)

Death of passwords: Will password fatigue usher in biometrics?

The more the number of passwords, the higher the number of breaches: In the first half of 2020, data breaches exposed 36 billion records, according to RiskBased Security, a US-based cybersecurity firm specialising in vulnerability intelligence, data breaches and risk ratings.

Managing fraud amidst evolving consumer behaviour in the new-normal

COVID-19 has altered consumer behaviour and many companies now pivot their business model to accommodate what’s new and next. The shift towards digital channels to perform their essential and leisure needs shows the progress of adaption to the new reality. Our VP of Business Development APJ Leonard Chong shared with Cyberthreat id on why prioritising fraud detection is one of the important things to consider

Authentication is done. What about Identification?

Pandemic became a catalyst to move identification from offline to online for many organizations. Even we faced a new challenge on how to personalize a user’s device to make him able to authenticate?

Legal entity customer protection. Secure and convenient digital service channels for legal entities

«Securing remote banking services (RBS) remains a key challenge for the banking industry. The overall volume and quantity of attempts at fraudulent transactions with legal entity accounts increases every year. On the other hand, simplifying a user’s experience through desktop and mobile banking is a necessary prerequisite for customer loyalty.
How do you secure accounts of legal entities and enhance their user experience at the same time? The answer—Mobile Transaction Authentication Signature technology.»
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Individual customer protection. Secure, convenient, and cost-effective digital service channels for private users

«Securing individual customers finances in remote banking services (RBS) remains a key problem of modern banking. The overall volume and quantity of attempts at fraudulent transactions with individual customer accounts increases every year. On the other hand, simplifying a user’s experience in online and mobile banking is now a necessary prerequisite for customer loyalty.
Mobile transaction authentication signature (mTAS) technology combines the need for private user protection, while enhancing user experience.»
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PAYCONFIRM PERKENALKAN FITUR BARU UNTUK MEMBANTU MENINGKATKAN PENGALAMAN DIGITAL PERBANKAN BAGI PELANGGAN

Airome Technologies memperkenalkan fitur-fitur baru dari PayConfirm untuk mendukung pemberitahuan interaktif dari smartphone dan smartwatches.

Op Wocao – China-linked APT20 was able to bypass 2FA

China-linked cyber espionage group APT20 has been bypassing two-factor authentication (2FA) in recent attacks

UAE bank told to pay for Dh4.7 million after SIM swap fraud

Court judgment a wake-up call to banks to tighten security, says lawyer.