Savings Institution

Four key physical security measures for financial institutions to protect themselves from cybercrime

HANWHA TECHWIN AMERICA SPONSORED CONTENT By David Uberig, Director of Business, Banking and Financial Development at Hanwha Techwin According to a recent study by BAE Systems Applied Intelligence, three-quarters (74%) of financial institutions have experienced an increase in cybercrime since the start of the pandemic. Despite having top-notch security, financial …

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Depositors remain wary of risk

Depositors remain wary of risk Reducing coverage likely won’t help funds The outlook for the mutual fund industry remains good, but less cash is expected to flow in that direction after bank deposit protection is reduced to 1 million baht, as most depositors prefer low-risk investments, said said Vasin, president …

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Tranglo obtains new payment licenses

The Tranglo cross-border payment center has received new payment functions from the Monetary Authority of Singapore (MAS), the company said in an announcement on Monday (August 9th). The approvals will enable the company to provide account issuance, domestic money transfer and e-money issuance services. The MAS operates under the Payment …

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Invoices open the door to B2B payment fraud

There are several ways to commit B2B payment fraud. But in this week’s B2B Data Digest, a roundup of the latest cases reveals that all roads lead to the invoice. Whether it’s the Business Email Compromise or a tariff avoidance scheme, the invoice can be a dangerous source of financial …

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