All posts tagged "authentication"
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78AML / KYCFinancial Crime 2021: Digital ID, Due Diligence, Sanctions
Last year’s financial crime landscape forced many FIs to rapidly adapt to evolving threats. In the year ahead, a continued focus on risk mitigation is prudent.
January 21, 2021 -
538AML / KYCHong Kong Launches New Digital Identity Platform ‘iAM Smart’
The SFC, HKMA, IA and MPFA are encouraging FIs to adopt iAM Smart in their businesses for customer authentication, document signing, and remote onboarding.
January 2, 2021 -
87Australia & NZAPRA Directs Financial Firms to Use New D2A for Reporting From April
APRA says entities should upgrade all instances of D2A between now and 31 March 2021. All submissions after 31 March 2021 must be made using D2A version 6.
December 14, 2020 -
1.3KAML / KYCJapan FSA to Mandate Stricter ID Checks for E-payments
The FSA plans to revise its guidelines for bank transfers to e-payment service providers in response to a series of fraudulent withdrawals.
October 21, 2020 -
1.3KAML / KYCUIDAI, NPCI Testing Face Authentication with Banks
NPCI has commenced phase one tests of using facial authentication in non-financial transactions with ICICI Bank, Yes Bank, RBL Bank and Fino Payments Bank.
October 8, 2020 -
2.4KAML / KYCRegTech Asia 2020: Digital KYC, Onboarding & Authentication
Digital transformation has accelerated in financial services amid the pandemic. But it has not come without risks.
October 5, 2020 -
910AML / KYCHKMA Issues Revised AML/CFT Guideline for SVF Licensees
SVF licensees are given until 2 July 2021 to implement appropriate measures consistent with the revised guideline, which includes guidance on remote on-boarding.
September 21, 2020 -
787AML / KYCJapan FSA Probes E-money Providers as More Thefts Emerge
NTT Docomo has reported additional cases of thefts through its e-money service. Japan Post Bank has identified similar thefts via five other operators.
September 16, 2020 -
1.6KAML / KYCTaiwan Financial Firms Call for KYC Rule Changes
Taiwanese financial firms are asking the FSC to allow identity authentication methods other than the unwieldy government-issued Citizen Digital Certificates.
July 4, 2020 -
640AML / KYCFSC Korea Launches Task Force on Identity Verification Systems
The FSC supports the development of innovative authentication mechanisms that can provide convenience, safety and security in electronic financial transactions.
June 9, 2020
