Tag «Increased Risks»

Internet Banking Faces Increased Risks Due to Mobile Banking Apps

14 May 2015: The growth in smartphone adoption has led to many financial institutions launching their mobile apps for customers who want the convenience of 24-hour, anytime/anywhere banking. As per RBI records, of the 589 million bank account holders, over 22 million customers use mobile banking apps. You, too, probably no longer visit a bank, but …