Mobile banking continues to gain momentum, growing faster than any other delivery channel to date. Many Financial institutions contemplate expanding capabilities in the mobile channel, but they are concerned about security.
Given the evolving threats, mobile innovation has outpaced the industry’s appetite for deploying new capabilities. Fortunately, new security measures are available to mitigate the risks associated with advanced mobile banking and payment features. Mobile devices must be fully protected against advanced threats. But because the key to protecting the mobile channel is to realize that it is deeply connected to the online channel, effective protection must consider risk indicators that span both channels and extend to both.
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