All posts tagged "authentication"
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536AML / KYCSingapore Banks to Adopt More Scam Prevention Measures
The measures include an emergency self-service ‘kill switch’, enhancements to fraud surveillance systems, and additional customer confirmations.
June 3, 2022 -
1.8KAML / KYCCrypto Firms and Sanctions: Five Tools for Compliance
Sanctions screening starts with effective KYC, says Refinitiv’s Neil Vaz, pointing to five “universal tools” crypto firms need to ensure compliance.
April 13, 2022 -
735AML / KYCWolfsberg Group Issues Guidance on Managing Customer Risk
FIs should consider building "more holistic" customer profiles, using additional identity attributes and ensuring they are alerted to changes in data points.
March 30, 2022 -
1.3KFeatureJapan FSA to Inspect FIs for Cybersecurity Effectiveness
The FSA will carry out inspections to verify the effectiveness of cyber security systems at FIs. Common issues and good practices identified will be shared with the industry.
February 22, 2022 -
314Australia & NZRBA to Upgrade IT Infrastructure to Improve Resilience, Lower Costs
The upgrades are intended to address technical issues in the RBA's existing infrastructure, some of which is "facing obsolescence" and requires costly maintenance.
November 18, 2021 -
356Crypto / Digital AssetsCoinbase to Reimburse 6,000 Customers Following Crypto Theft
Coinbase is working with law enforcement to support its investigation into the individuals behind the hack.
October 8, 2021 -
304AML / KYCHKMA Issues Guidance on Preventing eDDA Fraud
The HKMA provides good practices banks can use to guard against different fraud scenarios when offering electronic direct debit authorisation services.
October 6, 2021 -
368AML / KYCRBI Invites NBFCs to Apply for Aadhaar Authentication Licences
With a KUA or sub-KUA licence, NBFCs will be able to authenticate client Aadhaar numbers using the e-KYC facility provided by UIDAI.
September 17, 2021 -
672AML / KYCTaiwan to Revise Authentication Rules to Facilitate Digital Banking
The new rules allow banks to use biometric authentication methods to fulfill identity authentication requirements for internet-based applications.
September 10, 2021 -
988AML / KYCDigital Identity: A Sound Model for Risk Mitigation
Lax attitudes towards security by consumers have made it increasingly important for banks to take advantage of digital identity systems and put in place robust security measures.
June 29, 2021
