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Consumers want more banking app control — will FIs step up?

Read More: https://www.pymnts.com/mobile-applications/2019/consumers-banking-app-control-will-financial-institutions-step-up/
PYMNTS.com
3 December 2019

Consumers want more banking app control — will FIs step up?

Recent PYMNTS.com research in collaboration with Entersekt found that 89% percent of people who use banking apps want more control, especially over things like setting transaction-specific authentication requirements. But banks have been slow to respond to these kinds of demands for control and security. Christian Ali, SVP Products at Entersekt, takes a closer look at what the data shows and what it means for banks.

 

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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.