SWIFT new feature for their Know Your Customer’s Customer compliance service
by Kylene Casanova
Profiles of correspondent banks global activities to boost their KYC Registry
ID Systems & Services in Fraud Prevention
Background
Regulatory compliance, combined with the globalization and the online nature of business today has made identity management a major issue. One of the biggest problems in preventing fraud is being sure…
Read moreSWIFT offers free access to The KYC Registry for participating banks
by Kylene Casanova
SWIFT’s KYC Registry will be generally available at end of 2014
New fraud prevention systems & services from Barclays and Apple raise questions
by Kylene Casanova
But which do you trust? The problem is that fraud prevention requires a multi-faceted approach
KYC exchanges - its all about who do you trust? already concerns emerging
by Kylene Casanova
It is not going to be plain sailing to achieve critical mass in Know Your Customer (KYC) exchanges
Cyber attack - the $3,000bn threat: ALL institutions becoming more vulnerable
by Kylene Casanova
McKinsey & World Economics Forum report: how to be more resilient & what CEO should do
The new cyber security enterprise operating model required to survive
by Kylene Casanova
McKinsey&Company’s advice on cyber risk and responsibility in a hyperconnected world
Sweden’s ASSA ABLOY acquires IdenTrust
by Kylene Casanova
Corporates can only benefit from increased competition in secure access & identity control business
Fraud levels are really scary: Google looks to ditch password for good as they are insecure and ECB
by Kylene Casanova
Google engineers are looking at ways to stop using passwords, which they believe are no longer enough to keep users safe. They are testing new tools that could replace passwords as the primary way of authenticating
New ID verification systems and real-time transaction checking is the future for fraud prevention
by Kylene Casanova
Fraud in payment systems is growing inexorably. Although, fraud as a percentage of the total value of payments processed may be dropping but globally, gross overall fraud is growing. Two recent developments in fraud
Token verification will be everywhere, e.g. Standard Chartered Singapore embeds security tokens in c
by Kylene Casanova
Standard Chartered Bank's Singapore unit has unveiled a payment card featuring an embedded security token for online transactions to comply with the Association of Banks in Singapore plans to start issuing on-line t
Take charge of Know Your Customer (KYC) data management, cut costs AND have happier employees
by Kylene Casanova
Complying with KYC programmes is going to get more and more arduous for corporates. Banks are just going to have be much more rigorous in their Anti-Money Laundering programmes, e.g. HSBC's New York office.
eBAM pilots are progressing well and producing savings, but still a long way to go to achieve full p
by Kylene Casanova
This autumn to coincide with the conference season, there were a number of presentations and Press Releases by the banks and corporates progress of eBAM - electronic Bank Account Management.
SWIFT launches Secure Signature Key (3SKey) to simplify personal digital authentication across banks
by Kylene Casanova
SWIFT launched their personal digital identity solution, SWIFT Secure Signature Key (3SKey), in the Americas.