Security

Here’s How Okta Helped Singlife with Aviva Deliver a Seamless Login Experience

Singlife with Aviva was formed through the merger of Singlife and Aviva Singapore, bringing together one of the world’s oldest insurers with Singapore’s youngest homegrown financial services company. While the merger was officially completed in January 2022, it also presented

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Making Sense of Fintech Fraud in APAC

As technological advances significantly change people’s daily lives, the benefits from these advances essentially boil down to one aspect, convenience. Technology has allowed business and social activities to expand and remain primarily online. This includes transactional decisions from purchasing tangible

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Learn How These Three Trends Are Redefining Fraud in 2022

When the global economy fluctuates, so does fraud. With so many forms of global disruption, fraudsters learn to find new vulnerabilities to exploit, driving fraud rates up across markets. Effectively managing fraud operations and staying ahead of attacks takes accurate,

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Passwords Still the Most-Used Authentication Method Which Is Proving to Be Costly

A study by the FIDO Alliance revealed that global password usage has dropped, yet passwords are still the most-used authentication method and they are proving costly to service providers. The second annual Online Authentication Barometer gathers insights into the state

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Kaspersky: Southeast Asia Saw More Phishing Attacks in 1H 2022 Than All of 2021

Cybersecurity company Kaspersky said that its anti-phishing system blocked a total of 12,127,692 malicious links in Southeast Asia in the first half of 2022 — exceeding last year’s total by over a million in just six months. More than half

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Alvin Tan: MAS’ Framework on Loss-Sharing for Scam Victims Taking Longer Than Expected

The Monetary Authority of Singapore (MAS) found that it is taking longer than expected to design a fair and effective framework for the equitable sharing of losses resulting from scams, Minister of State for Trade and Industry Alvin Tan said

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Open Data is Key to Shaping the Future of Hyper-Personalised Banking

Despite presenting tremendous opportunities to improve customer experience and drive accessibility to financial services, innovations around open APIs and open banking also increase interconnectedness and the attack surface, introducing new cyber risks which stakeholders must address by rethinking their approach

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Tokenization Becomes the Norm in Online Payments

Southeast Asia’s digital economy is booming, driven by an extraordinary shift in consumer behavior, soaring digital consumption and the rise of digital merchants. But this explosive growth is also attracting criminals and putting merchants, banks and consumers at risk of

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Why and How to Use VPN for Banking

Thanks to powerful internet technologies, we live in an age where monetary transactions can be executed within seconds. Banks now offer online banking services that make the customer experience easier. You no longer have to wait in long lines to

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eKYC Firm Jumio Records Its Highest Sales Quarter Ever

Jumio, a provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, announced the highest sales of any quarter in the company’s history. The firm said that this was fueled by an “ongoing need for modern enterprises across all industries

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