The dynamic landscape of cybersecurity is continually evolving, and Singapore is taking bold steps to enhance the protection of its online banking customers. With the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) spearheading a shift from one-time passwords
Apple has initiated a groundbreaking change by unlocking the NFC chip in iPhones for third-party app developers, paving the way for iPhones to enable a tap-to-pay feature for the USDC stablecoin. Historically, the NFC chip was reserved exclusively for Apple Wallet and Apple Pay, limiting its use in
The fintech industry is abuzz with excitement following GoCardless' groundbreaking decision to join the SEPA Payment Account Access (SPAA) scheme. This strategic move has already sparked conversations about its far-reaching implications for the European payments landscape. The collaboration
Kenya is experiencing a significant transformation driven by the increasing adoption of smartphones. Recent data from the Communications Authority of Kenya (CA) reveals that consumers are rapidly transitioning from feature phones to smartphones, reflecting broader socio-economic and technological
KB Kookmin Bank has made a significant stride in its effort to broaden global customer accessibility by adding Indonesian language services to its "KB Star Banking" mobile platform. This move now enables Indonesian speakers to manage their financial activities, including accessing account
The Reserve Bank of India (RBI) has released a comprehensive set of draft guidelines aimed at bolstering liquidity risk management among banks, with a special focus on the rapidly evolving landscape of internet and mobile banking (IMB). This move follows an extensive review conducted by RBI