Building a "technological barrier" to block fraudsters Bank payments have become widespread, especially mobile payments. The State Bank reported that over 87% of adults have bank accounts. Many credit institutions have over 90% of transactions conducted through digital channels. At the seminar "One Touch, Infinite Trust - Creating the Future of Digital Payments," banks shared solutions to prevent fraud. Mr. Nguyen Phuong Quan, Director of the Technology Security Center, Information Technology Block of SHB Bank, said that building and operating a modern information technology ecosystem in sync, strictly adhering to international security standards, and proactively preventing cyber attacks to protect customers' personal and financial data. "Given the increasing attacks and fraud via mobile devices, SHB has deployed the App Shield solution to check the safety of devices before each transaction. The system can detect risks such as phones being installed with spyware, emulators, ...
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