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The following article, authored by Giovanni Verhaeghe, Director Market and Product Strategy, VASCO, first appeared 2/4/2018 in the Financial IT.net blog. Mobile banking apps and the devices they run on are increasingly at risk for compromise by cybercriminals. New, sophisticated methods of attack have rendered the classic username-password scheme outright obsolete. Even the more secure but still basic two-factor authentication… Read more

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Face ID

Face ID is fast becoming a differentiator for organizations that want to provide a frictionless mobile experience. While biometric authentication remains the exception and not yet the rule, the analyst community strongly believes digital businesses, especially banks, need to pay attention. For example, in the recent Hype Cycle for Digital Banking Transformation, 2017, Gartner recommends that digital businesses develop world-class… Read more

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Authentication for E-Signature Transactions: Forrester Recommends Flexibility

Forrester Research just published a new report on e‑signature, The State Of E-Signature Implementation: 25 E-Signature Use Cases Show Adoption Trends. In it, Forrester analyzes electronic signature implementations from a cross-section of industries, including financial services, government, food services, tourism, manufacturing, retail and more. The growing European adoption of e-signatures for document signing is clear. More than 50% of the implementations… Read more

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Behavioral Biometrics: Improving Security and the Customer Experience

Before the Internet, customers who wanted to transact with their bank had only one option – a visit to their local branch for a face-to-face transaction. Now, in the mobile age, customers expect their banks to provide secure and easy access to the full suite of banking services via their mobile device. New channel, new challenges This demand for mobile… Read more

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