Market Insights

It’s Time to Rethink Mobile Onboarding

It’s Time to Rethink Mobile Onboarding

While many banks claim to adopt a mobile-first strategy, many often still connect their mobile applications to internet banking during customer activation and onboarding. This may sound harmless enough, so why is it an issue for customer security?

Using SMS OTP as 2-Factor Authentication in Banking and Financial Apps

Using SMS OTP as 2-Factor Authentication in Banking and Financial Apps

Authentication via SMS-OTP is considered outdated because of higher overall costs, low user convenience, and insufficient regulatory compliance in specific geographic regions, but primarily for practical security reasons.

PSD2: When Is Strong Customer Authentication Not Required?

PSD2: When Is Strong Customer Authentication Not Required?

Payment scenarios exempt from SCA requirements are generally determined by a transaction’s amount, recurrence, and the channel used to carry out the payment. Let’s take a detailed look at these exemptions.

PSD2: Defining the Requirements of SCA Elements: Knowledge, Possession, and Inherence

PSD2: Defining the Requirements of SCA Elements: Knowledge, Possession, and Inherence

Authentication elements are either categorized as knowledge, possession, or inherence. How are these categories defined ⁠— and what does each of them require?

PSD2: The A-Z of Dynamic Linking in Online Transactions

PSD2: The A-Z of Dynamic Linking in Online Transactions

The latest installment of our series focused on Strong Customer Authentication (SCA) explores the aspect of dynamic linking. How is this component vital to providing secure online transactions?

PSD2: The Role of Authentication Codes in Strong Customer Authentication

PSD2: The Role of Authentication Codes in Strong Customer Authentication

In a continuation of our article series on Strong Customer Authentication (SCA), we’ll be examining the requirements for generating a core component of SCA requirements: authentication codes.

PSD2: How Strong Customer Authentication Is Reshaping Digital Payments

PSD2: How Strong Customer Authentication Is Reshaping Digital Payments

Here’s how your business can benefit from embracing strong customer authentication requirements.

Beware Of These 5 Mobile Banking Cyber Attacks in 2022

Beware Of These 5 Mobile Banking Cyber Attacks in 2022

Our team continuously monitors for significant mobile banking and related security threats that are lurking in the digital world.

Combating Modern Financial Fraud and Mobile Cyber-Crime

Combating Modern Financial Fraud and Mobile Cyber-Crime

Whether we’re purchasing something online or managing personal finances, we turn to solutions that we access on our mobile devices.

Here’s How the Czech Republic is Making Cyber-Security Part of its Business Culture

Here’s How the Czech Republic is Making Cyber-Security Part of its Business Culture

As a proudly Czech company, Wultra’s own company values are built around establishing the Czech Republic as a haven for individuals and businesses seeking reliable data protection and cyber-security providers.

How Can Banks Achieve All-Around Mobile Banking Security?

How Can Banks Achieve All-Around Mobile Banking Security?

Mobile banking security practices have ramped up after unreliable authentication methods have led to phishing attacks and compliance issues.

Facial Authentication 101: Here’s What You Should Know

Facial Authentication 101: Here’s What You Should Know

Facial authentication is one of the good ways to verify one’s identity with a high level of confidence. However, it isn’t a one-size-fits-all solution; there are multiple “levels” of facial authentication that provide corresponding levels of protection.

What to Know About Passwordless Authentication in 2022

What to Know About Passwordless Authentication in 2022

For many people, the concept of passwordless authentication can be difficult to wrap their head around. How is it that one safely logs in to and interacts with sensitive services without using a password, you may wonder?

Huawei AppGallery: Security Considerations For Releasing Mobile Banking Apps

Huawei AppGallery: Security Considerations For Releasing Mobile Banking Apps

Our latest market analysis will help you make a qualified decision about releasing your mobile banking app to Huawei AppGallery.

Video: Post-Quantum Cryptography in Digital Banking

Video: Post-Quantum Cryptography in Digital Banking

The security of digital banking systems often relies on strong cryptography. However, the algorithms we currently know and take for granted, such as RSA or ECC, are threatened by a new computational paradigm and a machine with an unprecedented force: the quantum computer.

Three Important Tips To Help You Select App Shielding for Your Mobile Banking App

Three Important Tips To Help You Select App Shielding for Your Mobile Banking App

The demand for in-app protection is driven by security requirements, as well as regulatory compliance.