Are secured and frictionless cybersecurity solutions a pipe dream?

The weakest point in a digital banking system is the user while banks’ side is usually strongly protected, banks know about it. The whole technical team of a bank – including the risk division – will do their best to protect bank clients and for this purpose they offer super strong solutions. However, regular security solution and positive user-experience seem to be incompatible.

Are digital banking security technologies foolproof?

The rise of digital banking has proved to be a revolutionary approach to financial management, even to the extent of reducing the need for brick and mortar banking branches. Be it managing your own finances, working with a corporate account, or wanting to access a new financial service in the dead of night at any location around the globe, digital banking has allowed access to financial services at the comfort of the customer’s fingertips.