Biometric authentication. Protecting the most vulnerable spots in digital channels

«These days, cyber attackers constantly improve the tech they use to steal money from digital banking channels users’ accounts: technical attacks, social engineering, or a mix of both come into play. These lead to financial losses for banks and their customers, or, at the very least, a much more complicated customer journey.
Unless you want to deal with frustrating calls from anti-fraud specialists or invite the client into the office for every minor change, the most innovative way to strengthen digital banking channel customer security is biometrics.»
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Biometrics is necessary, but not sufficient

Signing financial transactions in digital banking channels has always been done under special supervision. It’s hardly surprising: authentication and payment document confirmation are often referred to as the cornerstones of digital banking.

Digital Banking. “Mobile First” VS “Mobile Only”

Three common strategies that any banks chooses and why those strategies correspond to the approaches formulated by Internet resources and cloud services developers.

Approaching digital banking in the new post-COVID world order

Three schools of thought explaining why banks need to review their strategy to capture more customers

Legal entity customer protection. Secure and convenient digital service channels for legal entities

«Securing remote banking services (RBS) remains a key challenge for the banking industry. The overall volume and quantity of attempts at fraudulent transactions with legal entity accounts increases every year. On the other hand, simplifying a user’s experience through desktop and mobile banking is a necessary prerequisite for customer loyalty.
How do you secure accounts of legal entities and enhance their user experience at the same time? The answer—Mobile Transaction Authentication Signature technology.»
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Digital Banking Is Mobile

The whole digital revolution in banking is going to be driven by mobile. We see that legacy channel usage is decreasing dramatically, while digital channel usage is firmly increasing.

Time to Expand Your Customer Base During COVID-19

COVID-19 has definitely affected our lives, and especially in the way we bank. In this new era of social distancing, the whole “social-distant” digital banking revolution will be driven by mobile.

63% of APAC Customers Willing to Switch to Challenger Banks in 5 Years

By 2025 banking customers in APAC are likely to use digital banking services offered by neobanks

Introducing new PayConfirm features improving bank’s clients’ digital banking experience

Airome Technologies introduces new features of PayConfirm as an Interactive Notifications support on a smartphone and smartwatches.

Visa: Two in Three Singaporeans Interested in Digital-Only Banks

A new breed of digital banking is just around the corner.