The Double-Edged Sword of Mobile Banking

The Double-Edged Sword of Mobile Banking

Pre-pandemic, escalating mobile banking adoption rate was primarily fueled by smartphone penetration, with over 4 billion people using smartphones. However, the disruption emerging from the onset of COVID-19 has been a major driver of mobile banking, fast-tracking the trend of mobile-first banking among younger generations, with Gen-Z favoring the mobile channel at 56%.

Download this whitepaper to learn:

  • Current trends in mobile banking
  • Fraud threats and consumer behavior that result in increased risk
  • Strategies for preventing mobile banking fraud

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