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Joe Stanganelli
Joe Stanganelli
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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.
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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)

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ThomasBonderup
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ThomasBonderup,
User Rank: Apprentice
7/26/2016 | 8:01:19 AM
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DorisG987
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DorisG987,
User Rank: Apprentice
9/2/2015 | 1:36:44 AM
Cybersecurity Workshop on this topic
Meet Edgar Perez, author of The Speed Traders and Knightmare on Wall Street, and course director of Cybersecurity Boardroom Workshop 2015 in New York City, London, Dubai, Bangkok, Jakarta, Sydney, Taipei, Seoul and Tokyo.
Blog Voyage
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Blog Voyage,
User Rank: Strategist
7/6/2015 | 2:36:43 AM
Amazing
Mobile banking is innovating quicker than I thought. What great ideas you expose here.

As said just up over my comment, financial companies will never be able to innovate as quickly as start-ups. That's why they need to start using one of these start-up scout services.
Elliott Wilkins
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Elliott Wilkins,
User Rank: Apprentice
5/20/2015 | 6:06:04 AM
Start-up
Wow mobile banking is innovating quicker than I realised, there are a few great ideas here. Financial organisations will never be able to innovate as quickly as the plethora of start-ups that are sprouting up every week. So these large corporations really need to start using one of these start-up scout services such as the one provided by Qmarkets. The solution allows large organisations to form a database of all relevant start-ups and small business, with the goal of eventually buying out smaller competitors whose technology/intellectual property could be beneficial. The only way for these old dinosaurs to survive with the coming disruptive tech is to work together with the innovative companies and embrace the change rather than resisting it.
wataylorgeo
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wataylorgeo,
User Rank: Apprentice
3/25/2015 | 7:10:00 PM
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