The usage of banking services through a mobile app has quickly been embraced by consumers. At the end of 2019, 74% of the UK and 75% of the US people used mobile devices to manage their finances. To stay ahead of the competition, banks have developed mobile applications offering a wide variety of services to their clients. But when handling personal/financial data and conducting transactions, mobile apps are required to satisfy very high security standards. … More
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Source: help net security.com
Whitepaper: Mobile banking regulations, threats and fraud prevention