Tag: mobile banking
Users Only Allowed Banking Apps on One Device; Transaction Limits for New App Users in Nigeria
The Central Bank of Nigeria has demanded new anti-crime controls on mobile banking.
Philippines to Phase Out SMS OTPs for Bank Transactions
The country's central bank is also imposing other anti-fraud obligations that will affect telecoms.
How OXIO Delivers What Banks Want and What Mobile Network Operators Won’t
Enterprise customers including banks and payment providers want mobile services that are more secure and more suited to their requirements.
Digital Lenders Using Mobile Apps to Invade Privacy and Humiliate Customers
Money lenders extract data about each customer's contacts, then spam the contacts if debts are not repaid on time.
Indian Regulator Proposes Zero Rating for Mobile Banking USSD Messages
TRAI believes the goal of financial inclusion has been hampered because USSD costs too much relative to other mobile services.
¥27mn Stolen from NTT Docomo E-Money Accounts
Criminals made withdrawals from bank accounts linked to payment apps provided by Japan's leading mobile operator and five other businesses.
1 Trillion Mobile Biometric Transactions by 2022; What Can Go Wrong?
A new report says mobile biometrics will be worth USD50bn within 5 years, but we need societies to also consider the costs.
Beyond Bitcoin: Why Networks Will Love Blockchains
We are only beginning to explore the possible uses of blockchains, the distributed technology used by Bitcoin.
Visa Uses Phone Location To Verify Payments
From April, Visa will use software on mobile phones to check the customer's location when they make a credit card payment.
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The Commsrisk Global Fraud Dashboard
Our Global Fraud Dashboard uses AI-powered search to collate, update and visualize data about scams and other network abuses from around the world. New charts are added each month. See it here.
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