BNM: Banks must migrate from OTPs to more secure authentication and implement measures to prevent online scams | TechNave

South Africa News News

BNM: Banks must migrate from OTPs to more secure authentication and implement measures to prevent online scams | TechNave
South Africa Latest News,South Africa Headlines
  • 📰 technavemy
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

What do you guys think of this move? 🤔 BNM TechNave

ore secure authentication methods for all relevant online transactions and activities. Moreover, BNM also told banks to provide more convenient ways for customers to suspend their accounts as well as immediately alert customers when any fraudulent transactions were detected on their accounts.

Speaking at the launch of a virtual Financial Crime Exhibition by the BNM Museum and Art Gallery today, Nor Shamsiah also announced that additional measures will be undertaken by the banking industry to combat financial scams.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

technavemy /  🏆 6. in MY

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Percutian dalam negara masih tinggi, kata Tourism Malaysia | The Malaysian InsightPercutian dalam negara masih tinggi, kata Tourism Malaysia | The Malaysian InsightAgensi kerajaan itu menafikan trend orang ramai dikatakan memilih Thailand sebagai destinasi utama.
Read more »

Bank Negara wages war on financial scams with new countermeasures, tighter securityBank Negara wages war on financial scams with new countermeasures, tighter securityKUALA LUMPUR, Sept 26 — In the wake of rising fraud activities, Bank Negara Malaysia (BNM) today announced that it has issued additional countermeasures and more security to the...
Read more »

Shahidan sedia beri penerangan isu tebatan banjir di ibu negara | The Malaysian InsightShahidan sedia beri penerangan isu tebatan banjir di ibu negara | The Malaysian InsightBeliau menyifatkan tindakan saman yang mahu diambil terhadap pihaknya berkaitan isu tebatan banjir sebagai hak masing-masing.
Read more »

ATM perlu komited tangani pencerobohan China di sempadan negaraATM perlu komited tangani pencerobohan China di sempadan negaraAhli Parlimen Labuan, Datuk Rozman Isli berkata, komitmen berterusan kerajaan menerusi Angkatan Tentera Malaysia (ATM) diperlukan bagi memastikan tentera China tidak sewenang-wenangnya menceroboh sempadan dan perairan negara di Laut China Selatan.
Read more »

Yusof Wahab wakili negara ke pertandingan seni pertahan diri di ChinaYusof Wahab wakili negara ke pertandingan seni pertahan diri di China'Yusof telah mendalami lebih daripada 10 jenis seni silat sejak berusia lapan tahun malah mempunyai pengalaman seni mempertahankan diri karate, taekwando dan shaolin.'
Read more »



Render Time: 2025-08-28 08:08:40