Authentication via SMS-OTP is considered outdated because of higher overall costs, low user convenience, insufficient regulatory compliance in specific geographic regions, but primarily for practical security reasons.
Our latest market analysis will help you make a qualified decision about releasing your mobile banking app to Huawei AppGallery.
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.
The demand for in-app protection is driven by security requirements, as well as regulatory compliance.
NIST announced the round 3 of the contest for post-quantum cryptographic (PQC) algorithms, selecting 7 finalists and 8 alternate candidates.
The more people use smartphones, the bigger amount of various apps they install to manage their daily tasks or spend leisure time.
Large scale quantum computing has always been “ten years away” since it has become apparent a quantum computer could be built. Something quite unexpected has happened recently: This moving timeline has changed.
PSD2 defines a range of requirements on digital banking security. These requirements concern both banks and third parties. The subject that is especially pronounced is the topic of mobile application security.