Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Security

04:35 PM
Joe Stanganelli
Joe Stanganelli
Slideshows
Connect Directly
Twitter
LinkedIn
Google+
RSS
E-Mail
50%
50%

4 Hot Mobile Banking Security Developments

Integrated biometrics and specialized mobile banking apps are working in tandem to bring two major benefits to financial institutions and their customers.
3 of 11

Benefits of Touch
Banks love this technology for its convenience; it has potential for allowing customers to reset their password without having to take up call center time and resources - and may even replace passwords altogether someday. But for those worried about the security of Apple Touch ID (which has already been shown to be hackable), there are other mobile biometrics that banks are exploring as well, including images of eyes. 
 (Image source: Jeshoots via Pixabay)

Benefits of Touch

Banks love this technology for its convenience; it has potential for allowing customers to reset their password without having to take up call center time and resources � and may even replace passwords altogether someday. But for those worried about the security of Apple Touch ID (which has already been shown to be hackable), there are other mobile biometrics that banks are exploring as well, including images of eyes.

(Image source: Jeshoots via Pixabay)

3 of 11
Register for Bank Systems & Technology Newsletters
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.