News & Events

Congratulations SYSCOM China! Helping Shanghai Pudong Development Bank Win the Asian Banker Achievement Award 2016 in the category of Best Mobile Security Project

[2016/8/1] SYSCOM China (SYSCOM Computer Shenzhen) helped the Shanghai Pudong Development Bank develop a mobile banking risk management system within their electronic banking transaction monitoring system. This achievement won Best Mobile Banking Security Award 2016 presented by the famous financial magazine “Asian Banker.” Scoring was done publicly by judging including many famous researchers, industry consultants, and industry leaders and a comprehensive scoring card was used. Shanghai Pudong Development Bank was highly praised by the winning of this award.

As mobile internet grows quickly and smartphone popularity increases in China, mobile banking has become a major electronic financial service channel joining internet and telephone banking. Shanghai Pudong Development Bank has worked with SYSCOM China since 2013 to develop the mobile banking risk management system. This system brings great convenience to its users and reduces the bank's operating costs while expanding their business scope. It also fulfills new requirements placed on transaction security, transaction risk control, and fraud transaction prevention that are different from traditional transaction requirements.

SYSCOM China said, “We are glad to work with Shanghai Pudong Development Bank to build the overall monitoring and fraud identifying system for their mobile banking transactions. By creating various types of risk fraud rules and dynamic location risk management strategies we can analyze and discover the characteristics of risky transactions and build transaction security level protocol in order to effectively identify every risky transaction to protect the transaction security of mobile banking users.”

SYSCOM China has helped and worked with many famous banks such as Shanghai Pudong Development Bank, Bank of China, Farmers Bank of China, China CITIC Bank International Limited, Bank of Communications, China Merchants Bank, China Guangfa Bank, China Everbright Bank, China UnionPay Data Co., Ltd, and First Data. SYSCOM China has already helped these companies and banks construct their credit card risk management systems. By helping Shanghai Pudong Development Bank complete their mobile banking risk management system, SYSCOM China's professional capability is again proven and honored.

Press Release Contact: Victoria Yang
Phone:(02)2191-6066 x8044