by chung chinyi | Jan 8, 2025 | Uncategorized
Engaging in online banking presents a multitude of benefits. With just a few clicks, you can check your account balance or transfer funds at any hour of the day. However, this convenience comes with its own set of challenges, particularly the increased vulnerability...
by chung chinyi | Jan 7, 2025 | Uncategorized
On Monday, Regions Bank made an exciting announcement regarding its future in open banking. The bank has chosen to partner with Axway, a prominent data integration firm, leveraging its Amplify Open Banking solution to enhance services for customers across various...
by chung chinyi | Jan 6, 2025 | Uncategorized
In the complex landscape of financial security, grasping the methods banks use to probe unauthorised transactions is vital for both individuals and businesses alike. With the rise of digital banking, the threat of fraud has similarly escalated, underscoring the need...
by chung chinyi | Jan 6, 2025 | Uncategorized
In the realm of online banking, consumers are increasingly finding themselves confronted with a seemingly endless series of questions during their transactions. This trend is intentional; financial institutions are adopting extensive step-up authentication methods...
by chung chinyi | Jan 5, 2025 | Uncategorized
In a recent incident in the UK, the engineering firm Arup fell victim to a sophisticated scam that resulted in a staggering loss of $25 million. The fraudsters executed their plan during a video conference held in Hong Kong, where they employed advanced deepfake...
by chung chinyi | Jan 5, 2025 | Uncategorized
The year 2025 marks a significant turning point for the banking industry as it undergoes a profound transformation fueled by cutting-edge technologies such as artificial intelligence and cloud computing. This shift is not merely a response to evolving customer...
