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Malaysia to focus on security and privacy for its biometric NID initiative

News | Digital Identity, Security & Online Fraud | 24 Dec 2020

Biometric Update has reported that the Malaysian government will focus on citizens’ data privacy and security for the implementation of the country’s biometric National Digital Identity (NID) framework.

Malaysia, data security, biometrics, national digital ID, product launch, national digital identity, NID, MyKad, KYC

City Bank launches bank account opening app in Bangladesh

News | Online & Mobile Banking | 19 Oct 2020

City Bank has launched the City Ekhoni App in Bangladesh, allowing customers to open a bank account on their mobile phone.

City Bank, Bangladesh, bank account, mobile banking

bKash reveals eKYC app for account opening

News | Cryptocurrencies | 09 Aug 2019

Mobile financial service provider bKash has launched electronic KYC app so that customers can open their account by themselves.

bKash, launch, eKYC, account opening, OCR, EC, customer accounts

YuTru digital identification scheme introduced

News | Digital Identity, Security & Online Fraud | 22 Mar 2019

The YuTru private sector led digital identification (ID) scheme has been introduced to expand financial inclusion in Papua New Guinea.

YuTru, digital ID, Papua New Guinea, financial inclusion, banks, NID, identity, bank account, financial services, KYC, anti-money laundering, security, onboarding, transactions

Biometrics to become main banking authorization method by 2020

News | Digital Identity, Security & Online Fraud | 03 Jun 2015

By 2020, bank customers will use biometrics as the predominant identity authorization method to access bank services, a recent report reveals.

biometrics, applications, online security, web fraud, digital identity, banking, authentication