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Security flaws in online banking: financial Supervisory buttoned N26

The online banking N26 is due to security flaws in the criticism. Now has turned the financial supervision Bafin and drastic measures are arranged. Lea Busch

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Security flaws in online banking: financial Supervisory buttoned N26

The online banking N26 is due to security flaws in the criticism. Now has turned the financial supervision Bafin and drastic measures are arranged.

The financial Supervisory authority BaFin the Berlin-based online Bank, N26 has ordered to strengthen the fight against money laundering and the financing of terrorism act. The Bank must take "adequate internal security measures" and a General duty of Care to comply with the arrangement.

This public Assembly is seen by experts as a drastic measure of financial supervision. The N26 will now have to verify, among other things, a certain number of customers again, because there seems to be doubt as to their identity.

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