by chung chinyi | Dec 21, 2024 | Uncategorized
In the vast landscape of financial deception, scams and fraud take on countless disguises. They can sneak into your life through various channels—be it a seemingly innocent text message, an urgent email, or a phone call that appears to come from your trusted bank. The...
by chung chinyi | Dec 21, 2024 | Uncategorized
In a recent conversation with FinTech Magazine, Jason Osborne, who leads the Banking & Capital Markets sector for North America at Genpact, shared his forward-looking perspective on the banking and fintech landscapes as we approach 2025. His insights point to...
by chung chinyi | Dec 21, 2024 | Uncategorized
In the realm of finance, the banking sector is predominantly preoccupied with certain prevalent forms of fraud. These include check fraud, debit and credit card fraud, fraudulent activities involving safe deposit boxes, and ACH (Automated Clearing House) fraud....
by chung chinyi | Dec 21, 2024 | Uncategorized
When it comes to safeguarding your online banking experience, it’s essential to adopt a proactive approach. Start by prioritising the strength of your passwords; they should be extended, intricate, and diverse in their composition. Aim for a minimum of eight...
by chung chinyi | Dec 20, 2024 | Uncategorized
As banks continue to shutter their physical branches, an increasing number of individuals are finding themselves navigating the vast landscape of online banking. A recent survey conducted by National Seniors Australia revealed that a remarkable 80% of older...
by chung chinyi | Dec 20, 2024 | Uncategorized
Safeguarding your financial data is of the utmost importance in banking. To achieve this, banks adhere to rigorous security protocols and standards designed to maintain the confidentiality and integrity of their information. Beyond these internal measures, external...
by chung chinyi | Dec 20, 2024 | Uncategorized
In the realm of mobile banking in the United States, recent statistics reveal a compelling narrative: security stands out as the foremost priority for everyday American users. This heightened concern arises from the inability of regulators to effectively oversee the...
by chung chinyi | Dec 19, 2024 | Uncategorized
In the modern banking landscape, the ability to detect and prevent fraud stands out as one of the most essential skills a financial institution can possess. The stark reality for banks today is that they face an overwhelming number of fraudulent attempts—often...
by chung chinyi | Dec 19, 2024 | Uncategorized
In the vast landscape of financial interactions, there exists a shadowy realm known as transaction fraud. This nefarious practice encompasses any dishonest act aimed at unlawfully obtaining money, goods, or services during a financial exchange. Picture it as a cunning...
by chung chinyi | Dec 19, 2024 | Uncategorized
The shift towards remote work, coupled with the rapid integration of digital technologies and the new behaviours that have emerged as a result, is significantly transforming the cybersecurity landscape. As a consequence, hackers now have an expanded array of targets,...
