Security

Baiduri Bank streamlines security and authentication with HID

HID announced that Baiduri Bank, a member of Baiduri Bank Group and the largest conventional bank in Brunei Darussalam, has implemented HID Approve powered by the HID Authentication Platform across ...
Computer Weekly

Bank of India’s 2FA with mutual authentication goes beyond OTPs

Sameer Ratolikar, the CISO at Bank of India still vividly remembers 2008-‘09’s tough days when the bank’s customers were victimized by cyber frauds. With its strong online banking drive, the need of ...
American Banker

Say Anything: Eastern Bank Breaks Ground in Voice Authentication

Grumblings from customers about the way their identity was checked in the call center "three-question hell," some called it made Eastern Bank realize it needed an alternative to knowledge-based ...
ZDNet

Two-factor bank authentication proven vulnerable

Editor's note: TrustDefender has since withdrawn its claims that the two-factor authentication system is vulnerable. Read ZDNet Australia's update on this issue for more details. Two-factor ...
ITWire

Bendigo Bank changing authentication method from token to mobile app

Bendigo Bank is changing the way it offers online authentication to its customers, switching from a code generated on a physical security device to a mobile app. A bank spokesperson told iTWire, in ...
Engadget

Bank of America is adding two-factor fingerprint authentication

In the wake of recent security breaches, including but certainly not limited to Equifax, Bank of America has stated it will integrate fingerprint-based two-factor authentication into its online ...
American Banker

Bank payment system robbery highlights need for multifactor authentication

Bank robbery online usually isn’t too different from the in-person version: Robbers get in, grab what they can, and get out. But late last year, hackers of an unnamed Brazilian bank took a different ...
Finextra

Bank of America moves to two-factor authentication

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The west coast bank is to use the VeriSign Unified ...
Business Wire

Leading European Bank Uses NICE Authentication to Improve Security and Customer Experience

HOBOKEN, N.J.--(BUSINESS WIRE)--NICE (Nasdaq: NICE) today announced that Alfa-Bank Russia has deployed its Real-Time Authentication (RTA) solution, enabling seamless, instantaneous verification for ...
Mint

This bank launches biometric authentication for online purchases via credit, debit cards

In partnership with fintech partners M2P and MinkasuPay, Federal Bank has launched biometric authentication solution for e-commerce card transactions. With this, users can authenticate online ...
Zee Business

Kotak Bank enables client onboarding via face authentication-based e-KYC – quick, cost efficient, to resolve fading fingerprints issue

The Aadhaar based face authentication method is used as an alternative to the currently used fingerprint authentication on Kotak Bank Digital Savings Account. “Kotak is one of the first banks to go ...
ZDNet

NAB eyes three-factor authentication

The bank is also considering the introduction of a third authentication factor, in the form of voiceprints. NAB introduced voice authentication to its call centres in June 2009, with the technology ...