Category: Online authentication

The state of online banking in the Americas

The Americas are no different from other parts of the world – online banking is becoming second nature. The latest instalment of our world tour of ebanking security features cases from across North & South America including Mexico and the USA.

Why should a small town be worried about its banking…

Did you hear about the unfortunate heist in Eliot, ME in the US, earlier this month? As reported by blogger-turned-detective @briankrebs, computer crooks in Eastern Europe stole $28,000 from the New England town of Eliot in Maine. Brian Krebs alerted the town controller to the possibility that its accounts were being emptied as money was […]

mBanking’s Big Advantage

As one billion people turn to mobile phones and tablets to access the Internet, eBankers are seizing the opportunity to significantly enhance the security of their online banking and e-commerce, enable peer-to-peer mobile money, and develop a new mBanking channel.

Multi-factor authentication – the popular kid at school…

In light of all the recent cyber attacks costing companies money, reputation and customer trust, stronger security and additional layers is increasingly becoming top of the shopping list for IT professionals. But there is still some confusion as to what are the best security elements that need to be in place to provide the best […]

Pros and cons of mobile tokens in authentication

I recently discussed the future of the online banking industry and how the FFEIC should shape its next set of guidelines to ensure the safety of both banks and their customers in the years ahead. However, one area which I didn’t explore in that post is the mobile platform, and the role it has to play […]

Why use secure eBanking devices?

Using secure eBanking devices reduces online fraud because a hacker cannot access (or take) money from your online banking accounts using only your stolen login information. The hacker would also need the device, a smart bankcard and reader or a secure USB token. Still not convinced you should use secure eBanking devices? Read on!