Mobile Authentication: Best Practices for Mitigating Mobile Payment and Transaction Risks
Retailers and financial institutions are dealing with the changing face of customer interactions. For many businesses, mobile logins have surpassed online logins, and consumers are voicing their demands for more mobile services. Consumers expect to bank, pay, buy, transfer and more via their mobile devices - and they want to do all of this with the least number of security steps possible. But these new ways to pay require new ways to secure. The shift toward mobile payments puts extreme pressure on businesses to raise the bar on security, while also providing frictionless environments that deliver positive customer experiences. This session will explore and review specific risks related to mobile payments, wallets and applications, and review how device intelligence and authentication technologies are enabling the mobile device itself to be a trusted and secure token that can mitigate risk and lead to new and enhanced customer and business opportunities.
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