"With every new banking technology comes new security implications and threats.
Consumers are increasingly coming around to the idea of mobile banking, especially with the enhanced number of services being offered via handsets, including financial information services, funds transfer, bill payment and presentation, account management and customer service. At the same time, banks are faced with enhancing their security measures to help address a serious consumer concern — how safe is it to use mobile banking?
Though some argue that mobile banking can be more secure than its Internet equivalent since no data is typically held on the phone itself, security experts and consumers are expressing concerns. Skeptics have good reason to be apprehensive." >> Continue Reading
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