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Mobile Banking: Today’s ‘Must-Have’

BofA has rolled its mobile offering out to all of the major mobile platforms and applications, including a new iPad app. The bank also understands its foray into this new banking arena has not come without risk. “The challenge that we see is that we need to be able to validate who our customers are and authenticate them effectively,” Bofa’s security expert says. Mobile banking has become a primary channel for our customers, BankInfoSecurity’s Tracy Kitten says. Kitten: Mobile channels are more concerning than online access through mobile devices.”]

Source: https://www.cuinfosecurity.com/mobile-banking-todays-must-have-a-4284

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