by chung chinyi | Jan 3, 2025 | Uncategorized
In the past few years, the landscape of finance management has been significantly transformed by the rise of digital banking, embraced by both individuals and businesses alike for its remarkable convenience. However, this shift to online platforms has also ushered in...
by chung chinyi | Jan 3, 2025 | Uncategorized
In the contemporary landscape, financial institutions find themselves facing a significant challenge: the necessity to deliver an exceptionally smooth and efficient customer experience. This demand for seamlessness is coupled with an equally important obligation to...
by chung chinyi | Jan 2, 2025 | Uncategorized
The Internet Banking service is designed to be both safe and secure, fully adhering to the regulatory standards set by Chinese authorities for online banking. It utilizes 2048-bit Secure Socket Layer (SSL) encryption, a robust technology widely adopted by major online...
by chung chinyi | Jan 2, 2025 | Uncategorized
The Banks have implemented a range of security protocols designed to protect your financial information from inherent risks, including the potential for online theft of your Cyberbanking Number or PIN. Despite these robust measures, the open nature of the Internet...
by chung chinyi | Jan 2, 2025 | Uncategorized
This article delves into the various strategies and technologies employed to thwart and address bank fraud, highlighting essential elements such as data encryption, transaction oversight, verification processes, and positive pay methodologies. Additionally, it...
by chung chinyi | Jan 1, 2025 | Uncategorized
Understanding Identity Theft: A Comprehensive Overview Identity theft is a growing concern in today’s digital age, and it refers to the unauthorised acquisition and use of an individual’s personal information by another party for fraudulent purposes. This crime can...
by chung chinyi | Dec 31, 2024 | Uncategorized
Financial institutions regularly use device identity for fraud prevention and to authenticate users at login or for high-risk activity. It is one of many controls that can be used to safeguard online interactions. But as with other security tools that rely on static...
by chung chinyi | Dec 31, 2024 | Uncategorized
In recent times, there has been a troubling rise in the misuse of the name and trademarks of the Bank for International Settlements (BIS) as part of various fraudulent schemes aimed at deceiving the public. Scammers have been employing tactics such as fake financial...
by chung chinyi | Dec 31, 2024 | Uncategorized
The landscape of digital banking is constantly changing, reshaping how we handle our financial affairs. Each year brings forth new technological advancements that revolutionise the banking experience, offering greater convenience, enhanced security, and improved...