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290 articles tagged with this keyword

/security

Most UK banks failing to protect online customers with two-factor authentication

UK consumers' association Which? has hit out at much of the banking industry for failing to protect online customers with two-factor authentication (2FA).

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TrueLayer celebrates Open Banking anniversary with API expansion to Germany

TrueLayer will now offer Deutsche Bank, Sparkassen, Commerzbank and other major German banks direct access to financial data following the first international move for the European API provider.

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Swift Operations Forum Europe 2018, Amsterdam - Day 2 report

Cyber crime dominated conversation on day 2 of the Swift Operations Forum Europe (SOFE) 2018 - from examples of how hackers have evolved and the methods they now use, to how institutions can protect themselves and what organisations should do when the worst happens.

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Bitcoin price plunge fails to dilute optimism for blockchain technology

On the day of the bitcoin nosedive to the lowest price seen in 2018, LendIt Europe 2018 attendees heard former chancellor of the exchequer George Osborne reveal that the idea of a globally accepted digital currency is being advocated in political circles.

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N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.

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Money 20/20 Day One: GDPR, AI and the art of conversation

Banking innovators and fintech disruptors have once again descended upon the Las Vegas Strip for another jam-packed Money20/20 US event, a four-day jamboree exploring the revolution of money in all its forms.

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Tesco Bank facing £30m fine over cyber breach

The UK's banking watchdog is threatening to charge Tesco Bank £30m for its failure to prevent a cyber attacks that affected thousands of customers in 2016.

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PKO Bank Polski to go live with blockchain project

Poland-based PKO Bank Polski has completed work on what it claims is the biggest client-facing blockchain implementation globally.

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Czech bank introduces voice biometrics for call centre customer authentication

The Czech Republic's largest bank, Česká spořitelna, has rolled out voice biometrics technology from Nuance Communications, enabling customers to identify themselves to call centre staff simply by speaking.

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FNB lets customers open accounts with selfies

South Africa's FNB has revamped its mobile services, enabling consumers and businesses to open accounts within minutes by taking selfies.

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JPMorgan to roll out Voice ID; begins branch expansion

JPMorgan Chase is to begin using individuals’ unique voiceprints to identify customers who are calling to inquire about their credit card accounts.

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Banco BNI Europa launches online account opening via videoconference

Lisbon-based online bank Banco BNI Europa is introducing an account opening process that encompasses video-conferencing with digital certification for document exchange.

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DNB tests mobile passporting for international clients

DNB is experimenting with a mobile app that scans user passports and faces to identify customers from across borders for ID verification and digital onboarding.

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Credit union consortium unveils DLT-based digital ID system

CULedger, a consortium of American credit unions exploring potential use cases for distributed ledger technology, has teamed up with DLT specialist Evernym on a digital identity system.

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Contego gets the nod for Open Banking ID checking

The UK's Open Banking Implementation Entity has selected Contego to run ID checks and verify the bona fides of users accessing personal account data for third party development work.

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iPhone X gets Face ID for Apple Pay

Apple has ditched Touch ID for Face ID in its new iPhone X, enabling users to authenticate themselves - including for Apple Pay and apps that support the feature - simply by looking at their handsets.

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Belgian banks bid to banish passwords with itsme app

Belgium's major banks and mobile network operators have joined forces to create an app that lets people replace their various online usernames and passwords with a single code or fingerprint.

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Alipay 'Smile to Pay' tech comes to Chinese KFC

KFC has rolled out Alipay's facial recognition technology at a restaurant in the Chinese city of Hangzhou, enabling hungry patrons to pay for their chicken with a smile and their mobile phone number.

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Credit Union Australia signs up for DigitaliD

Australia's largest credit union, CUA, and foreign exchange outfit Travelex are among the first four companies to adopt a new digital identity platform from Australia Post, which allows consumers to verify who they are without needing multiple forms of identification.

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Central Bank of Bahrain debuts regulatory sandbox

The Central Bank of Bahrain has opened a regulatory sandbox for fintech firms worldwide to test their technology ahead of live deployment in the Kingdom.