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Banks don't have to compromise on security to prioritise consumer convenience

Retrieved on: 2024-01-17 16:33:00

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Banks don't have to compromise on security to prioritise consumer convenience. View article details on HISWAI: https://www.retailbankerinternational.com/comment/why-banks-do-not-need-to-compromise-on-security-to-prioritise-convenience/

Summary

The article discusses the imperative for banks to provide secure yet convenient customer experiences by embracing advances in business intelligence, particularly biometric technology and FIDO standards that enable password-less authentication, thereby addressing the security risks tagged (phishing, identity theft, etc.) while enhancing access control.

Article found on: www.retailbankerinternational.com

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