Security
ZA Bank Steps up Security When Users Bind Their Visa Cards With Digital Wallets
Hong Kong’s virtual bank ZA said that its users are now required to complete additional authentication when binding ZA Card to new digital wallets. The new measure for contactless mobile payments seeks to offer a more secure spending experience and
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HKMA Calls for Improved Mobile Payment Security, Deadline Set for May 31
The Hong Kong Monetary Authority (HKMA) has issued new requirements for authorised institutions (AIs) to enhance security controls when binding payment cards to contactless mobile payment services, such as Apple Pay, Google Pay, and Samsung Pay. This move comes in
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Riskified Expands Footprint in Japan, Names New Country Manager
Riskified, a software as a service fraud and chargeback prevention technology provider, has expanded its footprint in Japan and named Anthony Guercio as the Country Manager. With 20 years of enabling digital transformation in Japan and APAC, Guerciowill lead Riskified’s
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The Dark Side of the Internet: Online Fraud and Scams in Hong Kong
In recent years, Hong Kong has become a hotbed for online scams and crime, with many citizens falling for new and creative ways that defraud their money and sometimes their life savings. Fraudsters are constantly finding new ways to exploit
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Here’s How Okta Helped Singlife with Aviva Deliver a Seamless Login Experience
Singlife with Aviva was formed through the merger of Singlife and Aviva Singapore, bringing together one of the world’s oldest insurers with Singapore’s youngest homegrown financial services company. While the merger was officially completed in January 2022, it also presented
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Digital ID Verification, Remote Document Signing to Become the Norm in Finance Sector
The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to accurately verify the identity of the person on the other end of a digital transaction. A 2021 study by advisory
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TransUnion Picks Provenir to Leverage Its AI-Powered Risk Decisioning Platform
Provenir, an AI-powered risk decisioning software provider, announced it has been selected to join TransUnion’s Strategic Alliance Distribution Programme. Through this alliance, TransUnion’s clients will be able to take advantage of Provenir’s platform to gain deeper insights for greater decisioning
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Using E-Signatures to Ensure Business Continuity in an Increasingly Digital World
The COVID-19 pandemic has accelerated the trend towards digitisation. Suddenly, government agencies, organisations, and businesses of every industry have been thrust into a world of remote processes, and the need for technology that enables business continuity has never been higher.
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Why We Should Eliminate Passwords as Passwordless Authentication Is the Future
The computer password has been around for more than 6 decades. The first password can be traced back to 1961 in Massachusetts when a computer at MIT was protected with a password for secure login. Incidentally, MIT’s time-sharing system was
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Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says
Over the past year, organisations in Asia have embraced the zero trust security framework at a fast pace, recognising the need to upgrade their IT security strategy to address the ongoing digital shift, according to a new survey by Okta,
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