At the heart of the regulation is the requirement for banks to allow licensed third-party providers (TPPs) of financial services to access securely their customer-account data, as long as the customer has given their prior consent.
Using smartphones at a bank might seem like the most routine habit in the world but sometimes these smartphones are being used as way to gain access to the bank’s WiFi and sensitive data.
Ransomware is the latest tool in the cybercriminal’s arsenal, but it has to date largely been used to target consumers. Could it now be used to hit banks and other financial institutions too?
When it comes to online banking, the UK and the US leads the way with security – over 70% of Brits and Americans have software installed on their device.
What environment do you consider the safest for online banking? Would you make your financial transactions solely in the safety of your own home, or would you be less concerned about security on-the-go or in the office?
The world wide web has made shopping an altogether more pleasant, cost-effective and user-friendly experience. However, buying online has its risks. Here are five top tips to stay safe and secure.
The virulent Dridex malware poses a serious threat to online bankers in the UK, according to the National Crime Agency. Internet users urged to be vigilant.
In an exclusive for We Live Security, Jean-Ian Boutin, a malware researcher at ESET, shares his thoughts on the past, present and future of banking trojans.
Online banking from the comfort of your own home makes life much easier, but you may still be at risk of cybercrime. We look at how to stay safe.
Be on the lookout for copycat social media accounts which may be attempting to lead your customers astray.
From its relatively simplistic and niche origins, webinjects have advanced significantly in recent years to become a more sophisticated beast.
Customers are increasingly turning to mobile apps to make simple banking transactions, but a significant portion of those who don’t bank on mobile devices cite security concerns as the reason.
Facebook has announced a new feature of its Messenger product, which allows friends to send payments directly to each other, reports Tech Crunch.
Coinapult, a long-running bitcoin wallet service, announced on Monday that its hot wallet had been compromised to the tune of 150 coins – around $42,900.
Here’s a small selection of alternatives to Bitcoin – each of which has its own advantages. All of them share Bitcoin’s fundamental strengths, however – minimal or zero transfer fees, and freedom from traditional banking restrictions.
Investors fear they may have lost up to $387 million after Bitcoin exchange MyCoin shut down this week, reports ZD Net.
A Dutch university has reportedly made great steps towards making the dream of a ‘fraud-proof’ credit card a reality by utilizing quantum physics.
MasterCard and VISA have revealed their plan to end the use of passwords for online payments, reports The Telegraph.
A group of Canadian issuing banks have begun a pilot test of an NFC-enabled version of Nymi – a biometric wristband that uses the cardiac rhythm of the wearer to authenticate the user’s identity.
American Express has launched a new service, which looks to swap payment card numbers with unique tokens, reports Network World.