Article

Mobile banking security: 5 serious challenges, and the 7 ways to address them

Written by Sandstone Technology | Nov 23, 2021 11:35:28 AM
Even before the events of 2020 pandemic, Australian and New Zealand consumers were embracing banking on the go. A RFI global digital banking study shows that 73% of consumers are using a mobile app to do their banking, with a significant increase of 12% over the past two years. The uptake of mobile banking apps has risen dramatically across all demographics, bringing with it new vulnerabilities.