Fintech Singapore | Security Archives

Security

eKYC Firm Jumio Posts Record Quarter With 150% Growth in the Past Year

Jumio, a provider of AI-powered end-to-end identity verification and eKYC solutions, announced that both its sales and revenue grew over 150% in Q2 2021 from Q2 2020. This is evidenced by the large growth seen in financial services, mobile delivery

Security

Digital Identity Firm GBG Strengthens APAC Leadership Team With Senior Hires

GBG, a global digital identity and fraud solutions provider, has announced several senior appointments to strengthen its APAC leadership team in Singapore. The company has appointed Bernardi Susastyo as General Manager of Asia, Shekhar Bhagat as Head of Alliances of

Indonesia Security Sponsored Post

Synthetic Identity Theft Rises in Southeast Asia

Simply stated, synthetic identity theft is when a fraudster combines the personal information of different real-life people to create an authentic-looking digital identity. These identities can include Personally Identifiable Information (PII) such as name, identity card number, birth date and

Cloud Security

Thales Enables Organisations to Enhance Their Google Workspace’s Privacy Capabilities

Google announced that it has selected Thales to support enhanced privacy and confidentiality capabilities for Google Workspace. Thales said that its CipherTrust Cloud Key Manager and SafeNet Trusted Access have been integrated with Google Workspace Client-side encryption with a new

Security

UOB First Bank to Pilot Use of Singpass Digital Signature for E-Documents

UOB pilots the use of Government Technology Agency’s (GovTech) ‘Sign with Singpass’ where a customer’s digital signature to confirm transactions or product applications. The bank is the first in Singapore to offer this service according to a statement. Under an

E-commerce Payments Security

Why a Shift to This New Security Standard is Crucial for Asia’s E-Commerce

With online commerce booming, Asian banks and payment services providers have shown a clear interest in adopting 3-D Secure 2.0 or 3DS2. This is an improved version of the 3DS authentication protocol for card payments that comes with increased security

Covid19 Mobile Payments Security

Experts Warn of Rapidly Evolving Fraud Techniques in the Wake of COVID-19

Like businesses have embraced digitalization to evolve in the wake of COVID-19, fraudsters and scammers too are embracing digital technology to evolve the threat that they pose to businesses and the public, experts from Visa, Rizal Commercial Banking Corporation (RCBC),

Partner Content Security

Online Identity Verification Company Jumio Records Drop in New Account Fraud

Jumio, a leading provider of AI-powered end-to-end identity verification and eKYC solutions, said fraud rates for new account openings decreased in 2020, a trend that could be explained by rising adoption of verification methods like selfie and live capture requirements.

Security

NICE Partners Refinitiv to Offer Surveillance Suite Across Asia Pacific

NICE Actimize and Refinitiv, a global provider of financial market data and infrastructure, has partnered to offer the former’s SURVEIL-X Holistic Surveillance Suite through both a cloud or on-premises environment in the APAC region. Refinitiv said that it will boost