News

The Growing Threat of SIM Swap Fraud
As cybercrime and fraud have escalated into a global crisis, one type of scheme is seeing particularly rapid growth: SIM swap fraud. The growing prevalence of SIM swap attacks highlights vulnerabilities in

From Open Banking to Banking-as-a-Service: What Comes Next?
Over the past decade, financial innovation has evolved from open banking, which focuses on consumer-authorized data sharing, to banking-as-a-service (BaaS), which uses application programming interfaces (APIs) to make core banking functions more

Global Financial Fraud in Recent Years: Alarming Figures
Financial fraud targeting financial activities is becoming increasingly complex and sophisticated. The use of artificial intelligence (AI) by criminals, together with the widespread standardization and replication of malware and other technologies, is

Ensuring Information Security in Electronic Transactions in Selected Countries
In the era of digital transformation, electronic transactions are becoming increasingly prevalent and have become an important foundation for commercial activities, public services, and social governance. Therefore, many countries have enacted legal

Open Banking: APIs, Data, and User Consent
Open Banking is the development of a new financial ecosystem based on connections between financial institutions and businesses, supported by APIs. Financial institutions are enabling third parties to integrate services, provide access

Detecting and Preventing Real-Time Deepfake Impersonation
If you are concerned about the growing threat of deepfakes, you are not alone. The spread of deepfakes is closely tied to the question of what is real and what is fake,

Singapore’s Singpass Introduces Passkeys to Strengthen National Digital Identity
The Government Technology Agency of Singapore (GovTech Singapore) announced the rollout passkey on Jun 30, 2026 as a new login method for Singpass, Singapore’s national digital identity platform. Singpass is every Singapore resident’s trusted

SAVYINT Develops Open Banking Tech Stack – Enabling Secure, Flexible, and Compliant Open Banking Connectivity
Savyint Open Banking Tech Stack enables banks to build and operate an Open Banking ecosystem on a unified architecture, covering TPP management, API management and delivery, consent management, data sharing, and payment

SAVYINT Provides Core Electronic Transaction Authentication Platform for LPBank
Overview – Industry: Banking & Financial Services – Customer: LPBank – Project: Deployment of SmartOTP for LPBank’s retail customers and internal users SAVYINT successfully provided the core electronic transaction authentication platform (SmartOTP) for LPBank, enabling