Bank SinoPac Pulls New App After Unauthorized Transfers From 419 Customer Accounts
Taiwan’s Bank SinoPac has taken its new mobile banking app offline after 427 unauthorized transfers totaling more than NT$40 million (about US$1.21 million)…
mobile banking
Articles tagged with mobile banking
CIMB Makes App-Based Authentication Mandatory for Online Transactions
CIMB Malaysia will require customers to approve all transactions initiated through CIMB Clicks Web and merchant websites using SecureTAC in the CIMB OCTO…
CIMB Adds Biometric Authentication to SecureTAC Approvals in OCTO App
CIMB, one of Southeast Asia’s largest banking groups, has added biometric authentication to transaction approvals in its CIMB OCTO App, requiring customers to…
Sumitomo Mitsui Trust Bank Shifts to Cloud FIDO Authentication for Mobile Banking
Japan’s Sumitomo Mitsui Trust Bank (SuMiTB) is moving its mobile banking customers to cloud-based FIDO authentication through a deployment led by systems…
Sumitomo Mitsui Trust Bank Moves Mobile Customers To FIDO Cloud Authentication With OneSpan
Sumitomo Mitsui Trust Bank (SuMiTB), Japan’s largest trust bank, is shifting its mobile banking users to cloud-based FIDO authentication through a deployment…
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)…
Federal Bank Launches India’s First Biometric Authentication for E-Commerce Card Payments
Federal Bank has introduced India’s first biometric authentication system for e-commerce card transactions, enabling customers to complete online purchases…
Shinhan Bank Adds Airport Facial Recognition to Mobile Banking App
Shinhan Bank has integrated Incheon International Airport’s Smart Pass facial recognition system into its SOL Bank mobile app, streamlining the departure…
IDEMIA Launches Smartphone-Based Enrollment System for Biometric Payment Cards
IDEMIA Secure Transactions (IST) has introduced a new smartphone-based enrollment solution for biometric payment cards, building on the company’s F.CODE…
UK Fintech Firm Implements Random Selfie Checks to Fight Fraud
ANNA Money, a fintech company claiming a customer base of more than 100,000 small and medium-sized enterprises (SMEs) in the United Kingdom, has announced…