Banking
3862 Stories
3FA not priority for Asian banks, regulators
News Banks in region still ironing out two-factor authentication rollouts and unlikely to implement additional authentication layer just yet, says analyst.
Tags: Authentication and encryption, Data security, Security applications/tools, Security Management, Authentication, Banking, 3FA, Security, Biometrics, bank
Mobile banking tapped for growth in India
News Subscriber base for mobile banking services remain low but micro-banking model is making inroads among Indian villages via NFC, say market players.
Tags: NFC (near-field communications), Banking, Mobile platforms/communications, Applications and tools, ATM, Banking, Phone, cell phone, bank, mobile
Three APAC countries have fastest broadband
News Akamai report highlights South Korea, Japan and Hong Kong's connection speeds, and notes origins of online attacks spreading to many more countries.
Tags: Bandwidth, Next-generation technology/networks, Networking technology, Spam and phishing, Anti Phishing Work Group, Connection Speed, Banking, Akamai Technologies Inc., Attack Traffic, malicious software
Singapore sets up IT security body
News Country establishes new government agency, under the Internal Security Department, to combat cyber terrorism and espionage threats.
Tags: Local Government, PC security, Data security, Security implementation/standards, Security Management, IT Security, Banking, Cyberterrorism, cyberattack, network
US$5B slashed from global financial services' IT spending
News As the banking sector continues to struggle in the harsh economy, IT budgets are starting to feel the heat.
Tags: Banking, Budgeting/cost control, IT budgeting, Cost control, IT Budget, IT-spending, life insurance, Celent, job loss, financial service
More banking tools move to mobile
News Adoption is driven by goal of banks in Asia to make financial services available to their customers anywhere, any time, says Financial Insights.
Tags: Banking, Applications and tools, Business applications, Mobile applications, Mobile, Telecommunications, Cell Phone, Asia-Pacific, Tool, Mobile Device
OCBC wants technology safe and tested
Insight Because banks manage customers' money and confidential data, IT innovation must at times give way to security, says OCBC Bank CIO Lim Khiang Tong.
Tags: Innovation, Banking, Technology, Security, Singapore, Malaysia, OCBC, Banking Industry, CIO, financial
Indians fast turning to e-payments
News India's retail e-payment market is poised to reach US$150 billion on rising consumer confidence and as number of Internet, mobile subscribers increases.
Tags: Mobile commerce, E-commerce, Banking, Web sites, E-business, PayPal, Mobile, India, Cell Phone, Password
S'pore banks get help in lending decisions
News Country's consumer credit bureau taps on business intelligence tools to enable financial institution members to perform timely creditworthiness checks online.
Tags: Data mining & analysis, Data warehousing/business intelligence, Banking, Commercial lending, Bureau, Risk Management, Business Objects, Financial Company, Singapore, credit history
PC security warning for banking online in UK
News Victims of online banking fraud who repeatedly fail to take appropriate security measures could be left out of pocket, the industry has warned.
Tags: Banking, Security, online banking, antivirus, payment, software, Silicon.com, bank, Unisys Corp., spokeswoman
Barclays gives online users free security software
News The investment bank's two million online banking customers can download for free the security package from Kaspersky.
Tags: Antivirus software, Hacking, Security, Security applications/tools, Banking, PC security, Data security, Barclays Plc., Adware, online banking
Mobile banking set to boom
News The number of global mobile banking transactions is predicted to reach 37 billion by 2011, and some 612 million users will generate over US$587 billion worth of financial transactions, says analyst house Juniper Research.
Tags: Banking, Mobile commerce, Data services, Mobile applications, Mobile, Juniper Networks Inc., Mobile Banking, developing country, payment, Silicon.com
HSBC job cuts to hit techies
News HSBC has confirmed IT workers will be hit by the 1,100 job cuts the bank announced on Friday, as fallout from the global credit crunch continues.
Tags: Layoffs, Banking, Job Cut, Back-office, information technology worker, London, Silicon.com, job, bank, information technology
Bank of America site goes down
News Bank of America Web site chokes amid takeover of Merrill Lynch and broad Wall Street worries.
Tags: E-commerce, Web sites, Banking, Bank Of America Corp., online banking, Password, e-mail, Wall Street, customer information, Merrill Lynch & Co. Inc.
Barclays claims card-reader has eliminated fraud
News Pioneering end-user chip and PIN system has eliminated online scams, the bank claims, though not all are convinced.
Tags: Banking, Security, Barclays Plc., Adware, Fraud, phone, software, bank, card reader, Amsterdam
