When you first open up your bank account, you’ll be greeted with the familiar “Welcome to ICICI Bank” banner.But if you’re looking for your bank’s password, you won’t have to worry about that right away.In the event you need to use a mobile device to access your bank, you need a mobile wallet to authenticate.And […]
A hacking incident in Bangladesh last year has exposed the vulnerability of hundreds of banks in the world’s largest economy.The Bangladesh National Bank (BNB), which is the country’s biggest, was one of the victims.The country’s central bank said it has discovered the hack.Bankers and other financial institutions in Bangladesh said they had not been targeted, […]
Union credit unions, or U.C.Bs, have been a key player in the U:Bank community for decades, but they’re facing an existential threat from the digital disruption they represent.The U.CBs are among more than 70 credit unions that are set to shut their doors as of July 1, 2018.The demise of U.CCs, whose digital platforms have […]