Technology

Telstra has deployed a Salmat VeCommerce voice biometric solution, VeSecure, at the National Australia Bank—a first for the Australian banking industry.

PT Bank Danamon Indonesia’s new Internet banking service enables customers to use mobile phones to receive verification via SMS tokens. Called the Danamon Online Banking, it is aimed at increasing customer convenience and secure banking transaction.

ICBC launched its Mobile Banking 3G Trial Version, seen as the Chinese banking industry's entry into the 3G era.

BEA reported the existence of the fraudulent website to the Hong Kong Police and the Hong Kong Monetary Authority.

ICBC launched a new "anti-phishing" control to enhance customers' anti-fraud capacity and guarantee information security of Internet Banking. This new security control is able to directly detect whether the websites customers visit are safe, hence enabling customers, even those who are in lack of knowledge about Internet security, to judge the authenticity of the visited website in an easy and convenient way. Therefore, it is an effective tool for customers to recognise and prevent phishing sites.

Standard Chartered Bank electronic banking platform now enables corporate executives to access electronic banking facilities even without Internet connection. It delivers greater speed, convenience and security to clients as this is a fully mobile application as apposed to other applications which are only accessible via a mobile browser.

HSBC has chosen SAS fraud detection system as its principal solution for fraud management across its global network. Called the SAS Fraud Management, it is part of the SAS Fraud Network.

Bank Simpanan Nasional, Malaysia's national savings bank, has selected FinArch's Financial Studio solution for its FRS 139 compliance.

ACI Worldwide has announced the 40th customer to go live on BASE24-eps, the company’s market-leading software for online payments processing.

Juroku Bank became the first Japanese bank to consolidate the databases of its marketing and management customers with that of its call centre. The new customer management system was implemented using technology from the Teradata Corporation— the world’s largest company solely focused on data warehousing and enterprise analytics.

Affin Bank, Alliance Bank Malaysia and OCBC Bank have beefed up its risk management systems.

Huishang Bank, China’s first joint-stock commercial bank originating from the restructuring of city commercial banks and urban credit cooperatives, has selected Teradata Corporation to build its enterprise data warehouse (EDW). The EDW will address regulatory requirements in operations, risk management, and capital management.

Metrobank implemented its electronic-to-mobile payment system for processing of duties and taxes of its client importers. It involves the use of both cash and non-cash payments for either advanced or final settlement of duties and taxes. Non-cash payments include tax credit certificates, tax exemption certificates and advanced payments covered by letters of credit.

Bandits are increasingly blowing up ATM's down under and manufacturers are yet to come up with effective solutions.

Financial Insights, an IDC company, has released the report "Credit Risk Solution Vendors: Who's Who in Asia" to guide institutions in reconfiguring their credit risk initiatives.

3i Infotech Asia Pacific CEO, Debneel Mukherjee explains why it's time to be brave and tells us what it takes to improve core competencies.