Commerce Media has launched its two-factor authentication (2FA) solution, Celo, which is suitable for any financial organisation wanting to secure online information or control access to Internet applications. The company says that the software can seamlessly integrate into existing IT infrastructures without requiring additional user hardware. During the standard login process to an Internet application, the user is automatically sent a one-time-password (OTP) to their mobile phone, PDA, email account, or instant messenger service. When prompted by the web application, the OTP is entered by the user. The password is specific to that user and only valid for a set period after which it expires. With the combination of a static user name/password, and issue of a real-time OTP via an independent medium such as a mobile phone, the company says that both parties can verify their identity and be confident that the communication has not been corrupted.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more