Mobile Banking
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Bank of America’s CashPro App recorded a 20% year-on-year rise in sign-ins and US$1.2 trillion in payment approvals, as AI tools and mobile-native security reshape how corporate treasury teams manage cash and payments globally.
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In 2020, financially motivated cyber threat actors may start to target investment apps, online financial data processing systems and upcoming cryptocurrencies, along with providing paid access to banks’ infrastructures and developing new strains of mobile banking malware based on leaked source code. These are the key predictions from Kaspersky on the expected development of the…
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SINGAPORE – ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced the collaboration with BioCatch, the worldwide leader of behavioural biometrics, to protect customers from online and mobile banking fraud such as account takeover. In addition to machine learning and advanced analytics capabilities from ACI’s UP Payments Risk Management solution, banks around the world will now benefit…
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