Skandiabanken upgrades security technology
Skandiabanken has integrated Promon Shield security technology from Promon in Norway into its new mobile banking service
Skandiabanken has integrated Promon Shield security technology from Promon in Norway into its new mobile banking service
Bitcoin, NFC, mobile banking, cloud computing – technology is moving forward, and so should payments security. Or so was the consensus at this year’s Payments Knowledge Forum.
Tangerine is bringing fingerprint recognition and voice banking to its mobile banking app, as a growing number of Canadians reach for their smartphone for banking transactions.
Recent figures released this month by Financial Fraud Action UK (FFA UK) show that card and remote banking fraud increased during the first six months of 2014 due to a growth in deception crimes and use of computer viruses.
Promon, a leading Norwegian security specialist, has launched in the UK with its flagship security product, Promon Shield, which will add necessary security to mobile banking apps that are at risk from malware attacks.
Rabobank is using Vasco Data Security technology to create a new QR code security system for banking transactions.
A pilot of Mastercard’s biometric security protocol showed a 98 per cent success rate, combining fingerprint and voice recognition.
Bangladesh’s central bank has issued a statement against bitcoin – threatening people with a twelve year jail sentence if they are caught using the crypto-currency.
Fiserv is one of several fintech companies to announce the introduction of tokenization capabilities since Mastercard and Visa introduced their token payment system to complement Apple Pay.
Gem unveiled a private beta of highly scalable and security-focused API for bitcoin app developers at Monday’s TechCrunch Disrupt conference in San Francisco.