Tag: digital banking

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are to introduce a set of measures to improve digital banking security.

A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.

Indonesia’s Financial Services Authority (OJK) has introduced a regulatory framework for digital banks in its updated commercial banking regulations.

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.

A consultation conducted by the European Central Bank (ECB) found privacy would be valued most in consideration of a potential future digital euro.

Fraud is on the rise and part of it is due to the growing adoption of mobile banking, according to a new report from Advanced Fraud Solutions (AFS).

The Monetary Authority of Singapore (MAS) has rejected eight out of the 21 digital banking applications submitted by the beginning of the year, but more are heading for the chopping block.

Bank Negara Malaysia has updated its licensing framework for digital banks and is planning on issuing up to five new licenses to qualified applicants.

The Hong Kong Monetary Authority (HKMA) has granted four virtual banking licences under its Banking Ordinance.