Digital technologies are transforming the way people access banking services, as well as turning digital banking fraud into a fast-growing global industry. But huge regulatory changes are also ...

There are numerous ways for fraudsters to penetrate digital bankin g systems and carry out thefts, often thanks to poor security awareness among ban king customers, who write down passwords or can be ...

The window for stopping a fraudulent transaction is tiny – less than a second – so storing key data across a number of slow-to-access databases defeats the purpose of stopping criminals. Effective ...

To secure themselves against fraud via digital channels, banks need to identify and address the areas where they are vulnerable. These include ensuring that basic IT security precautions are in ...

The effectiveness of anti-fraud solutions cannot be measured by headline figures for fraud detection alone. Pascal Aerens sets out what banks need to know to assess how well anti-fraud systems are ...

Etienne from Strasbourg, Dedia from Kinshasa, and Chengfeng from Singapore have all eschewed the corporate life in favor of working for the young FinTech NetGuardians. They tell Sophy Buckley why. ...

The Monetary Authority of Singapore (MAS) has issued an advisory on the 6th April 2018 to remind financial institutions to remain vigilant, following recent reports of cyber incidents where hackers ...

Mobile banking is an easy target for criminals. Bernard Rono from NetGuardians outlines how banks and their customers are exposed, and sets out what to look for in a solution With retail mobile ...

Traditional controls catch less than one percent of the trillions laundered each year. Fortunately, banks now have access to new tools to increase detection, protect their reputations and avoid ...

By treating open banking – or API-banking – like any other banking channel, institutions can use static rules, dynamic profiling and machine-learning approaches to protect themselves from the ...