Mobile Banking Seen Needing Improved Authentication, ID Verification

Crosman, Penny
June 2013
American Banker;6/ 6/2013, Vol. 178 Issue 87, p6
Trade Publication
The article reports on the June 6, 2013 Mobile Banking Summit where a panel of industry experts discussed mobile data security, authentication, and identification (ID) verification. Verizon Consulting Services Shahid Shoaib says the potential for mobile security breaches is high. Nok Nok Labs' Phillip Dunkelberger spoke about the security danger to back-end databases that hold passwords. Intuit's Robert E. Lee mentions multi-factor authentication and ID validation.


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