bKash, Bangladesh’s leading mobile financial services provider, has added Face ID and fingerprint authentication to its mobile app to enhance security and streamline transactions. The addition follows ...

A significant cybersecurity incident involving SIM swapping has resulted in fraudulent losses of $1.8 million, highlighting the ongoing challenges in mobile security and identity verification. The ...

India’s Unique Identification Authority (UIDAI) has established a comprehensive process for citizens to update mobile numbers associated with their Aadhaar digital identity credentials, enabling ...

Google is developing an automatic passkey upgrade feature for Android devices that will convert existing website and app credentials to passkeys without requiring explicit user permission. The ...

The nationwide rollout is scheduled for early summer 2025, making the service available to all users with verified My Social Security accounts. The SSA has emphasized that this digital transformation ...

South Korea is introducing a new QR payment and ATM cash withdrawal service aimed at international travelers in Asia, expanding upon the country’s recent initiatives to modernize its financial ...

Major developments in passwordless authentication are taking shape as both Microsoft and the UK government announce significant initiatives to move away from traditional passwords. Microsoft has ...

SIM swap and phone porting scams have risen dramatically over the past year, with victim support organizations reporting a 160 percent increase in cases. Data from IDCare reveals the number of ...

Mitek Systems Inc., a leading provider of digital identity verification and mobile capture solutions, has secured a new $75 million term loan as part of an amended credit facility agreement, while ...

Korea Investment & Securities (KIS) has launched a new mobile trading system called “iKISI” through its Indonesian subsidiary, KIS Indonesia. The platform consolidates existing local stock trading ...

A massive data breach has exposed over 19 billion passwords, according to a comprehensive analysis by Cybernews. The breach, discovered in April 2024, revealed that only 6 percent of the compromised ...

ANZ Bank has announced plans to eliminate traditional passwords for online banking through its ANZ Plus platform by mid-2025, becoming the first major Australian bank to implement passwordless ...