The Central Bank of UAE has issued a directive asking financial institutions to eliminate weak authentication methods including SMS and email one-time passwords. See Also: Transform Financial Services ...

Visa Payment Passkey launched at five Indian public-sector banks via ISG's shared platform, replacing OTP authentication ...

Consumers trust banks to protect them, but outdated authentication can undermine that trust at the moments that matter most.

Multi-factor authentication (MFA) is becoming a mandatory security requirement for all businesses across all sectors. The most recent example is the new version of ...

Mike Wilson is the Founder & CTO of Enzoic, a cybersecurity company that helps prevent account takeover of employee and customer accounts. Threat actors continue to target passwords, with the 2024 ...

OTP verification is less reliable as fraudsters increasingly exploit SMS-based verification weaknesses to carry out account takeover and payment fraud schemes. (Image: Shutterstock) Financial ...

AI Quick Read A social media post by a credit-card user has raised questions about why a bank may seek additional confirmation for a payment even after the transaction has been authenticated through ...

New Delhi: Banks and telecom firms in India are preparing to move away from OTPs, and most users probably won’t even notice when it starts happening. The new system is called silent authentication. It ...

Google claimed it eliminated successful phishing attacks against its employees through the use of physical security keys and Universal Second Factor (U2F). What are these U2F authentication tools and ...

The Kolkata Municipal Corporation (KMC) is making OTP-based mobile authentication compulsory for renewal, issuance as well as cancellation of trade licenses. The KMC introduced online services for ...