Gemalto unveils e-banking device
Gemalto has released its Ezio Optical Reader, a compact optical authentication device that offers convenience for e-banking services along with the banking card, says TMCnet.
The reader's optical sensor captures all the data that users enter using a keypad for conducting online transactions, and complies with standards such as MasterCard CAP, Visa DPA and German Sm@rt TAN.
Users present the device in front of their PC screen and immediately the data necessary for authentication purposes and signature generation is read. It does not require any new software installation.
Yuncheng improves risk management
IT service provider Yucheng Technologies will provide Hunan Rural Credit Union (HNRCU) with an integrated core banking system that aims to increase operability and improve risk management, states ThePaypers.
The software package to be developed by Yucheng is to be implemented in HNRCU's headquarters and in 4 500 of its branches.
It includes a payment system in addition to non-tax revenue and a data-share system among multiple Chinese credit unions. The package will help ensure HNRCU's compliance with recent accounting and banking rules issued by the Chinese Ministry of Finance.
Online banking popularity grows
A survey conducted in New Zealand shows that online banking is a fast-growing trend among the country's population, with eight out of 10 people banking online weekly, reports ThePaypers.
The survey reports that online banking is mainly used to check account balances and obtain bank statements, with electronic bill payment straight from an online banking account being an emerging trend.
It also revealed that despite the preference for online banking, New Zealanders continue to find bank branches very important. Bank branches are installing in-house computers, which enable bank customers to perform their online operations in-store.
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