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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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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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Cyber fraud surges as COVID-19 changes banking, e-commerce

Payments Dive

As millions of Americans have shifted their daily workplace and shopping to remote online networks and mobile devices, a new wave of cyber threats have emerged focused on targeting banks, e-commerce and other daily financial activities.

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Banks Improve Digital Payment Options and Expand Mobile App Services for Small Businesses

Fintech Finance

Bank of America continues its winning streak in the annual benchmark that evaluates the online and mobile experience for small business customers of the top 11 national and regional banks that focus on small business digital banking.

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Mobile and Banking Industries Join Forces to Fight Fraud

Fintech Finance

GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s leading mobile network operators and banks to develop and launch Scam Signal, a new solution to help address Authorised Push Payment (APP) fraud in the UK. Data from UK Finance shows that £213.7