Banking

Showing 1 to 10 of 12 articles

OneID Is Now a Certified Digital Identity Service Provider in UK

Oneid Is Now a Certified Digital Identity Service Provider (ISP) Under the UK Digital Identity & Attributes Trust Framework (Diatf)

Staff Reporter Jun 30, 2022 3 min read News

Banking-Related Phishing Scams on the Rise Again in Singapore; Police Flag at Least 28 Cases Since May

At least 28 victims collectively lost S$114,000 to banking-related phishing scams since the start of May, the police said.

Staff Reporter Jun 5, 2022 3 min read Cybersecurity

Bank of Queensland Soft Launches Its Digital Banking App

Features on the new myBOQ app include face or fingerprint recognition login, budget creation, live in-app chat, bill tracking, PayID and roundups to help reach savings goals.

Staff Reporter Mar 29, 2022 2 min read Finance

Canadian Bankers Association and WEF Push for Canadian National Digital ID

Potentially, additional personal data such as a person’s sexuality, credit score, criminal record, gun license status, and vaccine status could be included in a digital ID.

Staff Reporter Mar 3, 2022 3 min read Civic Infrastructure

Security, Trust Key to Consumer Adoption of Open Banking

More than three-quarters of those who opened a new financial account in the last year used digital channels to do so. Millennial and Gen Z consumers are more comfortable using digital channels to open accounts, take loans or apply for credit cards than their older cohorts.

Staff Reporter Feb 23, 2022 3 min read Public Utilities

Philippine Central Bank BSP Unlikely to Issue Digital Currency

THE Bangko Sentral ng Pilipinas (BSP) is unlikely to issue its own central bank digital currency (CBDC) in the near term, according to BSP Governor Benjamin E. Diokno.

Staff Reporter Feb 9, 2022 4 min read Finance

Eftpos Online Payments & Security Rollout Forges Ahead with Certification of Australia’s GPayments

Australia’s debit card system, eftpos, is continuing its rollout of secure online payments options at a pace, announcing the certification of local fraud and risk management company GPayments’ 3D Secure Server solution, ActiveServer.

Staff Reporter Feb 9, 2022 3 min read Finance

Direct Debit Gaining Momentum in Australia; CBA Bets on ‘PayTo’ Payment System

Commonwealth Bank has placed a bet on the rising popularity of paying directly with bank accounts, investing in fintech Paypa Plane ahead of the mid-year switching-on of a new payment capability known as PayTo.

Staff Reporter Feb 9, 2022 2 min read Finance

Kampay to Deploy Blockchain to Areas of Africa Without Internet Access

Utility token KamPay is set to open up internet access to huge populations across the continent without a connection.

Staff Reporter Jan 27, 2022 2 min read Finance

Dvara E-Registry and Monexo Fintech Partners to Bring Credit System for Farmers in an Indian State

KhetScore, an AI-based farm score developed by Dvara E-Registry, leverages remotely sensed data from several satellites and enables remote multi-dimensional assessment of historical and concurrent agricultural activity.

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