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The Entersekt blog.

Industry news, security threats, and technology advances in consumer authentication
Why US banking clients don’t use banking apps

Why US banking clients don’t use banking apps


Adoption of mobile banking apps inches up ever slower in the United States. What can be done to encourage use?

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Snippet: The increasingly global nature of business means many of us work differently now. Corporate treasurers are no exception. They’re more mobile than ever before and, having taken on a more strategic function within organizations, they face pressure to make informed decisions and act on them fast, wherever they happen to be.

The increasingly global nature of business means many of us work differently now. Corporate treasurers are no exception. They’re more mobile than ever before and, having taken on a more strategic function within organizations, they face pressure to make informed decisions and act on them fast, wherever they happen to be.

Snippet: BankInfoSecurity reports that by 2017 there will be more than one billion mobile banking customers globally, proving yet again how transformative mobile technology continues to be in the lives of people everywhere. Of course, as the mobile banking channel takes off, so its attractiveness to cybercriminals will grow in direct proportion.

BankInfoSecurity reports that by 2017 there will be more than one billion mobile banking customers globally, proving yet again how transformative mobile technology continues to be in the lives of people everywhere. Of course, as the mobile banking channel takes off, so its attractiveness to cybercriminals will grow in direct proportion.

Snippet: In recent years, the banking industry has tracked the development of increasingly sophisticated fraud patterns, coordinated by groups across the Internet searching for bank systems with security weaknesses. Once a vulnerable institution is identified, the group typically plans a large-scale attack for when defenses are at their lowest.

In recent years, the banking industry has tracked the development of increasingly sophisticated fraud patterns, coordinated by groups across the Internet searching for bank systems with security weaknesses. Once a vulnerable institution is identified, the group typically plans a large-scale attack for when defenses are at their lowest.

Snippet: Cybersecurity is a large and complex problem. Companies have to protect the perimeter, authenticate legitimate users, respond to threats and probe the system for vulnerabilities. Most companies build a patchwork of systems that provide strong protections for each of these levels.

Cybersecurity is a large and complex problem. Companies have to protect the perimeter, authenticate legitimate users, respond to threats and probe the system for vulnerabilities. Most companies build a patchwork of systems that provide strong protections for each of these levels.

Snippet: The NSA and RSA relationship certainly overshadowed a lot of the conversations and sessions at the RSA Conference this year. But beyond that particular industry controversy, there were two recurring themes we saw running through many of our interactions at the event.

The NSA and RSA relationship certainly overshadowed a lot of the conversations and sessions at the RSA Conference this year. But beyond that particular industry controversy, there were two recurring themes we saw running through many of our interactions at the event.

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Entersekt is an innovator of customer-centric fintech solutions. Financial services providers and other enterprises rely on our patented mobile identity system to provide both security and the best in convenient new digital experiences to their customers, irrespective of the service channel. With us, they can concentrate on their innovation roadmap, while delivering intuitive, low-friction digital experiences to their customers.