Reserve Bank of India
08:22
Showing posts with label android. Show all posts
Showing posts with label android. Show all posts
Saturday, 4 January 2020
Sunday, 6 November 2016
whatsApp
08:47
Android malware targets bank and social media apps
Android malware targets bank and social media apps
Cybersecurity experts are warning about new Android malware that can steal the login credentials from 94 different mobile banking apps around the world. The malware masquerades as a Flash Player app that, once installed, appears in a phone launcher, says Fortinet. If a phone owner launches the app they see a fake Google Play screen asking for permissions that grant the malware administrator rights.
Then, when a banking app is opened, the malware creates a fake overlay, tricking victims into entering their login credentials. Among the bank apps being targeted are those of NAB, ING Direct and Citi, as well as PayPal.
In addition, the malware is also taking aim at social media apps. When users launch Facebook, Whatsapp, Snapchat, Twitter, Instagram and more, they are faced with a screen overlay asking for payment card details.
Meanwhile, due to its ability to intercept SMS communications, the malware is also able to bypass SMS-based two-factor authentication.
Fortinet says users can disable the device administrator rights through their phone settings and then uninstall the fake Flash Player.
Source:finextra.com
Tuesday, 19 July 2016
credit Union
08:39
Android Pay expands to 19 more local banks and credit unions
Android Pay expands to 19 more local banks and credit unions
Android Pay is cool and all, but if your bank or credit union isn't supported, it really doesn't matter. You can't take part in the fun.
Many of the big banks gained support first, catching headlines and impacting the largest number of users. Now we're seeing Android Pay make its way out to many of the financial institutions that serve as bedrocks of their local communities. Today at least 19 more have made the list.
These banks and credit unions are spread out across the entire country. Skim through the list below to see if yours makes an appearance.
Newly Supported Banks and Credit Unions:
1st Advantage FCU
ACU of Texas
Alpine Credit Union
Alternatives federal credit union
Bank of the Ozarks
Cambridge Savings Bank
Crane CU
Fairfax County FCU
First Community Bank
First Sentry Bank
First Tech Federal Credit Union
Heritage Federal Credit Union
IH Mississippi
Mercantile Bank of Michigan
Mill City Credit Union
ORNL
Railroad & Industrial FCU
Union State Bank of Fargo
Valley Federal Credit Union
Source:Android Police
Saturday, 14 May 2016
Mobile Payment
07:28
Everything you need to know about Android Pay
Everything you need to know about Android Pay
Android Pay brings mobile payments to 55 more credit unions and banks
With Android Pay, you can start leaving your wallet behind, as anyone with a compatible device can pay for goods and services with a simple tap of your phone against a compatible point-of-sale terminal with NFC. Here’s everything you need to know about Android Pay, including the places and banks that support it.
Many banks and credit cards support it
As far as bank and card support goes, MasterCard, Visa, American Express, and Discover support Android Pay. Most banks that already support Apple Pay will back Google’s service, since both use similar NFC technology for payments.
Google added 55 banks and credit unions in May 2016, including A+ Federal Credit Union, Achieva Credit Union, Affinity Federal Credit Union, Alliant Credit Union, America’s Credit Union, Andrews Federal Credit Union, and many more. With these additions, Android Pay now supports a total of 102 banks and credit unions.
Back in September 2015, when Android Pay launched, Google specifically mentioned American Express, Bank of America, Discover, Capital One, Citi, Navy Federal Credit Union, PNC, Regions Bank, TD Bank, USAA, Wells Fargo, and U.S. Bank as partners. You’ll also be able to store credit, debit, gift, and loyalty cards on Android Pay.
Like most NFC payment systems, Android Pay comes with all the necessary security, including a way to shut down devices that have been stolen, so nobody can use your card. The system uses tokenization, which processes transactions via individual random account numbers, rather than your actual credit or debit card account number. In-app purchases are as safe as its NFC contactless counterpart.
Sunday, 1 May 2016
bank
16:19
Android Malware Masquerading As Chrome Update Can Harvest Bank Info, Call Logs, Browser History And More
Android Malware Masquerading As Chrome Update Can Harvest Bank Info, Call Logs, Browser History And More
Android users should be wary of a new malware that siphons their bank information and infects their devices in a sneaky way.
ThreatLabZ, the security team from Zscaler, unveiled the malware, which seems to land in the form of an update to Google Chrome for Android.
It is easy to get confused, as the domains used by the information thief closely resemble the legitimate ones. However, you should know that every URL is active for short periods of time. By constantly swapping addresses, the spying program keeps away from detection.
ZScaler published a list of the URLs known to be infected. Go to their site to check it out.
ZDNet contacted Deepen Desai, the chief for Security Research at Zscaler, about the issue.
"The malware may arrive from compromised or malicious websites
"The malware may arrive from compromised or malicious websites using scareware tactics or social engineering," Desai says.
He offers sound advice that applies whether or not a threatening malware is out and about: avoid browsing dubious websites and double-check before clicking "Ok" to anything the Internet has to offer.
Some users will get a popup that indicates that their device is infected. Soon after that, an offer to update the security appears, promising to take care of the problem.
Users who go ahead and download the update (which usually goes by the name "Update_chrome.apk") get prompted with a request for admin rights to the device. Those who agree practically give free rein to the malware to find and destroy any previously deployed security or antivirus apps.
ZScaler points out that established anti-viruses, such as ESET, Kaspersky and Avast are vulnerable to the attack and stop working as soon as the admin rights are provided to the malicious software.
After the malware takes out your anti-virus program, the info-thief starts its work. The fake Chrome will track the full list of calls and texts and forward the list to a command-and-control server.
Should you have Google Play Store installed, a fake credit card payment is displayed, whose similarity to the original site is uncanny. Credit card information that users provide goes directly to a Russian database, according to ZScaler.
The good news is that there is a way out of this mess. The bad news is that it requires users to restore their device to factory settings.
Earlier this year, Google published its Android Security Annual report showcasing the efforts of the company to keep the ecosystem safe and sound from attacks.
Source:Tech Times
Tuesday, 15 September 2015
smart phones
20:44
India’s first mobile app for bank account opening. -FedBook Selfie
India’s first mobile app for bank account opening. - FedBook Selfie
FedBook Selfie from Federal Bank
Finance Minister Arun Jaitley launched Federal Bank's FedBook Selfie, India’s first mobile app for bank account opening.
Federal Bank has introduced this unique bank account opening app as an upgrade to FedBook, its e-passbook app, which was a trendsetter at the time of its launch two years ago.
“The Fedbook Selfie is a game changing mobile app and the first of its kind in India and maybe the world.
“The app allows you the luxury of opening your account from wherever you are, while being compliant with all regulatory guidelines,” said Shyam Srinivasan, Managing Director and CEO, Federal Bank.
Customers having an Aadhaar and PAN cards can now, using the Selfie app, open a savings bank (SB) account through his/her smartphone from anywhere at any time and receive the account number instantly.
To open an account, one has to download the FedBook on the mobile phone and carry out the following steps — take a selfie, scan the Aadhaar and PAN cards.
The app verifies the Aadhaar card in real-time and opens the account at the click of a button.
Once the account is opened, the app turns itself into the digital passbook for the customer.
With its intuitive features, FedBook has made account opening more convenient and simpler. The app is currently available on Android and iOS phones.
Source :Banking Updates