Banks must balance risk with reward as new mobile banking requirements are announced. The Competition and Markets Authority has announced changes in the banking industry that will enable customers to access the details of their entire finances through a single mobile phone app by 2018. Some of the UKs biggest banks will be mandated to provide the same services they offer in branches on mobile banking applications, including loans, mortgages and information on their accounts. The challenge is to remain agile so they can adapt to the growing mobile trend, whilst maintaining control of their data by determining where it is, how it is stored, who has access to it.”]