"Brandon McGee, Industry Insider, Mobile Banking Guru...He is not only the real deal, a genuine industry insider, but also knows exactly what's on the minds of financial service pros as they contemplate the various mobile options." - Jim Bruene, Publisher & Founder, Online Financial Innovations

"Going Mobile. Local executive carves niche as national expert on fast-growing banking-industry technology trend" - Scott Olson, Indianapolis Business Journal (IBJ)

"Brandon McGee, the industry's unofficial ambassador for mobile banking" 

Tuesday, July 10, 2012

Mobile Banking Security - Jul 10

Tackling Emerging Mobile Risks
"The proliferation of mobile, particularly as it applies to mobile banking, has opened new revenue streams and enhanced customer and member experiences and convenience. But it also has opened new doors for fraud, and staying on top of those vulnerabilities is critical. So how are banking institutions addressing mobile security risks? Keith Gordon, who oversees authentication and security strategies for Bank of America's consumer online and mobile banking units, says most institutions are just now forging ahead in the mobile space, and new security gaps are areas for which they all must prepare, proactively."

UK consumers fail to trust security of mobile banking
"A survey of more than 2,000 UK adults has found that three-quarters believe that mobile banking technology is insecure. The study of 2,031 6-64 year olds in Great Britain by retail and banking solutions provider Wincor Nixdorf found that 72 per cent of consumers believe mobile banking services are insecure and unsafe."

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