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PSD2 Security Requirements Are Restricting Fintech Innovation

Forrester IT

Banks and financial institutions are currently hard at work building APIs and testing their Strong Customer Authentication (SCA) solutions. Banks need to comply with […].

Security 352
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How to Offer Secure IVR Banking and Authenticate Callers

Tech Republic Security

Discover how to safeguard IVR banking from hackers and implement secure authentication methods for customer protection. Find out how these digital alternatives benefit both customers and agents.

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Lloyds Bank tests biometric authentication from Microsoft

Computer Weekly

Banking group is trying out enterprise-grade biometric authentication for its online customers

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Bank of America lowers security – removes one time passwords at payee add/change

Forrester IT

With the latest change to the BofA online banking bill pay service (which added all sorts of unnecessary and distracting icons and ugly fonts), the bank decided to remove the one time password two factor authentication (OTP 2FA) requirement to force the customer to perform a one time password based step-up authentication before allowing the […] (..)

Banking 199
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Singapore banks adopt voice biometrics for user authentication

Computer Weekly

Banks in Singapore are rolling out biometric technology to improve customer services by speeding up the authentication process

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TSB to introduce iris scan authentication in September 2017

Computer Weekly

TSB customers will soon be able to access their mobile bank accounts through iris scanning, which is regarded as the most secure biometric authentication available

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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

CIO Business Intelligence

Digitalization is a double-edged sword for banks, especially when it comes to security. As financial services become more digital in nature, it’s important that banks think differently when using data analytics, security tools, and education to improve identity authentication and customer data privacy.