All posts tagged "online banking"
-
270AML / KYCFaster Transactions Impeding Scam Loss Recoveries: HK Police
Online banking, electronic payment services and cryptocurrency wallets have made it more difficult to recover scam proceeds.
January 27, 2022 -
848EnforcementMizuho Bank Reports 9th System Failure for 2021
The failure was attributable to an error in Mizuho's system settings for transactions occurring at night and on holidays, impacting ATM and online banking operations.
January 4, 2022 -
218AML / KYCPBOC Directs Banks to Offer ‘Simple’ Account Opening
Banks are asked to relax documentary requirements and provide simple personal account opening services, making use of external data to verify customer identities.
October 4, 2021 -
528MalaysiaBNM Issues New Regulatory Requirements for Merchant Acquirers
The new requirements will ensure merchant acquiring services have measures in place to manage settlement risk, financial risk, fraud risk, technology risk and cyber risk.
September 23, 2021 -
705AML / KYCSingapore Banks Asked to Monitor Myanmar Fund Flows
MAS is concerned about financial crime risk. New cash withdrawal limits have been imposed in Myanmar. A military-owned bank has suspended operations.
March 5, 2021 -
2.2KAML / KYCDPRK Cyber Crime Group Increasingly Active in S Korea
The primary targets of the cyberattacks are cryptocurrency traders, exchanges and others who work in the field, according to cyber security firm ESTsecurity.
May 18, 2020
