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Mobile Banking Malware on the Rise Amid Rapid Adoption

Fintech News

Mobile banking is a rapidly growing market that’s projected to hit a value of US$7 billion by 2032. The 2023 study, which analyzed malware targeting banking apps, uncovered that 29 malware families targeted 1,800 banking applications across 61 countries last year.

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NBK Unveils Payment Verification Service on Its Mobile Banking App

Fintech Finance

In keeping with its constant dedication to providing cutting-edge services to its customers, National Bank of Kuwait (NBK) announced introducing a new service that allows customers to confirm payment transactions online through the NBK Mobile Banking App, making itself as the first provider of this service in Kuwait.

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OCBC Singapore Users Faced Temporary Online Banking Disruption

Fintech News

Singapore’s OCBC Bank experienced technical difficulties on 1 September (Sunday) that temporarily disrupted its internet and mobile banking services. Customers encountered challenges accessing their accounts and conducting online transactions.

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Bank of America mobile app, digital interface down

Bank Automation

Tens of thousands of Bank of America clients reported outages of online and mobile banking services today. trillion bank, according to website Downdetector, which publishes the status of outages in real time. ET, more than 20,000 clients had reported issues with the $3.2

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N26: Cloud-Banking Core Key To Meeting Consumers’ Mobile Banking Needs

PYMNTS

Many banks braced themselves for an oncoming surge in the number of consumers accessing their financial accounts online or via mobile banking apps, but safely and seamlessly providing that access remained tricky for many in the space. Developments Around the Cloud Banking World. customers in late May.

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Caixabank Consolidates Its Position in Mobile Banking and Partners With Apple to Enhance Customer Experience

Fintech Finance

million customers with cards linked to mobile devices, figures that are on the rise, with more than 800 million transactions in the last 12 months. With this, the bank reinforces its position as a benchmark in payment methods in Spain and reaffirms forecasts that point to the growth of mobile phones as means of payment among users.

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Apiture to Power Online and Mobile Banking for New Washington State Bank

Finovate

Indiana-based New Washington State Bank (NWSB) has selected Apiture’s Digital Banking Platform to power its online and mobile banking solutions. The community bank will also deploy Apiture’s Account Opening and Data Intelligence solutions to onboard customers faster and to offer tailored campaigns.