What is #mPIN code and does it fit in new #mobilebanking era?
Here are some interesting notes and personal experience by AIROME's CBDO about APAC region.
https://t.co/auMI1Z5cy3
McKinsey report about #digital banking expansion across Asia–Pacific Digital says about Simplicity of #authentication processes to make them both secure and user friendly. It was in 2017…….
5 years left. Year 2023. As for now, do you have secure and user-friendly banking app?
❓Do you want to enrich your anti-fraud system? Are you looking for risk-based #authentication?
With #PayConfirm onboard you will get 70+ extra params about your clients’ devices whether mobile phone with malware or not.
Contact us https://t.co/l6wBR1XDiz
Three-in-four global banks are planning to connect with an average of three fintech startups over the next eighteen months to boost their digitization efforts.#timetocollaborate#modernbank#fintech https://t.co/FMVCQIamTm
✅How can #PayСonfirm help with #ATM fraud protection🏧client uses a banking app QR-scanning feature, scans the dynamic QR on the screen of ATM and confirms log-in operation from the smartphone, the same for money withdrawals – will be confirmed directly via a #bankingapp
The secret of #PayConfirm is that there is no OTP or any other code sent to the client. Can you imagine scammers calling bank clients and getting nothing because technically there is no OTP that can be shared with anyone?
One of the hot subject at Vietnam Fintech Revolution Summit this march was “who is better, #Bank or #Fintech?”. Denis Kalemberg talked about this in 2020 BANKS OR FINTECH: WHO WILL GET THE “RING OF POWER”
https://t.co/MmNkg4iJia
What does asymmetric #cryptography means? There is a key pair split between a bank (Public key) and a banking app (Private key). Every confirmation is unique and will be linked with exact #transaction details, timestamp and unique technical characteristics of the device.
Here is the easy way to see the most common multi-factor #authentication methods sorted by security level.
If you still have any questions about your banking app security, please contact us [email protected]
Thank you @Gartner for this fantastic episode. Digital Transformation Is About People, Not Just Technology- totally agree!
Highly recommended to see
https://t.co/V1vITv9Qif
Last year there was a fraud case with OCBC customers affected by the recent SMS phishing scam. What can we do against this type of attack?
Pavel Melnichenko, CTO at AIROME comments⬇️
https://t.co/R5k08RYp2j
According to “12th annual EY/IIF global bank risk management survey”, one of five key findings is banking #transformation to digital assets and ecosystems, customer growth and product innovation strategies
https://t.co/FemTPynjFJ
PayConfirm advantages: Banks does not store any passwords or OTP codes, all operations are confirmed with the signature generated with double encrypted keys linked with unique device information and stored on a mobile device.
Key cannot be extracted or used apart from the device