VIDA Shows Passwordless Banking Deployment as Fraud Shifts to Compromised Devices
Indonesian digital identity firm VIDA has demonstrated a production deployment of passwordless authentication at a Malaysian digital bank, using the case to…
digital banking
Articles tagged with digital banking
ebankIT Integrates Daon’s Identity Continuity for Continuous Fraud Prevention in Digital Banking
ebankIT is integrating Daon’s Identity Continuity infrastructure into its digital banking platform, extending fraud prevention from the moment a customer opens…
Principal Financial Deploys Biometric ID Verification to Combat Rising Digital Fraud
Principal Financial has adopted a new digital identity verification system that replaces traditional knowledge-based authentication with a combination of…
UAE to End SMS and Email OTPs for Digital Banking by March 2026, Adopting Biometrics and Passkeys
The Central Bank of the United Arab Emirates (CBUAE) has directed licensed financial institutions to phase out SMS and email-based one-time passwords (OTPs)…
Report: Global Biometric Payment Card Market Set for Rapid Growth to 2035
The global biometric payment cards market is forecast to grow from $321.9 million in 2025 to $6.47 billion by 2035, reflecting a compound annual growth rate of…
NAB Introduces Biometric Checks for Online Banking Under Scam-Safe Accord
National Australia Bank (NAB) is preparing to strengthen its digital security with the introduction of biometric identity checks for customers opening accounts…
Philippine Central Bank to Mandate Biometric ID and Spending Controls for Online Gambling
The Bangko Sentral ng Pilipinas (BSP) is preparing to introduce new regulations requiring biometric identity checks and tighter payment restrictions for online…
NPCI Eyes Biometric UPI Payments, Could Eliminate PINs
The National Payments Corporation of India (NPCI) is evaluating new biometric authentication methods that could allow users to authorize Unified Payments…
Google and Sparkassen-Finanzgruppe Launch EU’s First Google Wallet-Based Age Verification
Germany’s largest retail banking group, Sparkassen-Finanzgruppe, has partnered with Google to introduce the European Union’s first national digital age…
UAE Central Bank Sets March 2026 Deadline to Eliminate SMS and Email OTPs
The Central Bank of the United Arab Emirates (CBUAE) has issued a sweeping directive requiring all licensed financial institutions to phase out the use of SMS-…