Fighting identity fraud in the mobile channel
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This infographic illustrates the main takeaways gathered within the white paper Digital Onboarding and RegTech - Wowing Customers, Simplifying Compliance. You can download the white paper from here to learn more about optimising digital onboarding in a compliant manner.
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The second annual Mobile Deposit Benchmark Report revealed a rapid acceleration in consumer adoption over the past 12 months due to significantly improved user experiences, but that there are still areas for improvement if financial institutions wish to fully leverage the potential of mobile deposit as an introductory product for mobile banking.
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- 87% of millennials say that their smart phone never leaves their side
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- 25% more U.S. consumers own smartphones than did in 2012
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- 48% of smartphone owners are mobile bankers (up from 35% in 2012)
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- Mobile Photo Account Opening Awarded Best of Show at Finovate Fall 2013
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By 2016 Mobile Banking will grow by 300%.
Fueling that growth will be: Mobile Deposit and Mobile Photo Bill Pay
- By 2016, the number of customers depositing checks with their smartphones will expand from 12 million to 48 million
- By 2016, the number of customers paying their bill with their smartphones will grow from 14 million to 57 million
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- 1 in 5 consumers surveyed desired to use mobile photo bill pay
- Nearly 1 in 2 mobile banking users have used mobile deposit in the past 90 days
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- 51% of U.S. consumers own smartphones
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Without a doubt, the introduction of the mobile smartphone—specifically Apple’s release of its first iPhone
in 2007—has dramatically transformed how consumers engage with friends, family, and business.
The small hand-held device that consumers “don’t leave home without” manages social lives, provides access to music and entertainment, keeps track of appointments, and generally has become the primary tool for managing all dimensions of the busy lives of today’s consumers.
One of the most significant areas of our lives that mobile technology is transforming is how we manage our
money. Financial services providers are recognizing consumers’ mobile lifestyles and preferences and are
developing capabilities that allow consumers to have the bank in their pocket. Now we can use our phones
to check balances, transfer funds, and make payments. Moreover, these capabilities, once at the forefront of
innovation, are quickly becoming table stakes. Going forward, to effectively meet the demands of consumers
for newer, more convenient, and more relevant apps, banks must continually seek new, innovative, and relevant
mobile capabilities.
One recently introduced mobile app that is proving to be a disruptive technology and driving force in
consumers’ adoption of mobile financial services is Mobile Remote Deposit Capture, or Mobile RDC—the
ability to deposit a check using a camera-equipped smartphone. Understanding the role Mobile RDC will
play in the bank selection process of consumers, and as a result, how banks compete, has become critical.
Toward that goal, this paper explores how:
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that deploy them
• The market potential for mobile banking and Mobile RDC is strong
• Mobile banking and Mobile RDC can enhance banks’ customer value proposition
Mobile RDC is becoming a critical element in consumer bank selection and bank mobile strategy:
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Over 40% of U.S. adults are forecasted to have a smartphone within
the next two years which will drive mobile banking adoption and specific features such as Mobile RDC.
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adopt” Mobile RDC has doubled from 9% to 18% from 2009 to 2011
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- By 2016, the number of customers paying their bill with their smartphones will grow from 14 million to 57 million
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The small hand-held device that consumers “don’t leave home without” manages social lives, provides access to music and entertainment, keeps track of appointments, and generally has become the primary tool for managing all dimensions of the busy lives of today’s consumers.
One of the most significant areas of our lives that mobile technology is transforming is how we manage our
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developing capabilities that allow consumers to have the bank in their pocket. Now we can use our phones
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While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
I, a former op, would like to extend an invitation to all application developers to join the observability party will share these foundational concepts to build on:
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AI
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AIVladimir Iglovikov, Ph.D.
Presented by Vladimir Iglovikov:
- https://www.linkedin.com/in/iglovikov/
- https://x.com/viglovikov
- https://www.instagram.com/ternaus/
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People: The contributors and community that have supported Albumentations.
Metrics: The success indicators such as downloads, daily active users, GitHub stars, and financial contributions.
Challenges: The hurdles in monetizing open-source projects and measuring user engagement.
Development Practices: Best practices for creating, maintaining, and scaling open-source libraries, including code hygiene, CI/CD, and fast iteration.
Community Building: Strategies for making adoption easy, iterating quickly, and fostering a vibrant, engaged community.
Marketing: Both online and offline marketing tactics, focusing on real, impactful interactions and collaborations.
Mental Health: Maintaining balance and not feeling pressured by user demands.
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Explore more about Albumentations and join the community at:
GitHub: https://github.com/albumentations-team/albumentations
Website: https://albumentations.ai/
LinkedIn: https://www.linkedin.com/company/100504475
Twitter: https://x.com/albumentationsAlt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...
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The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
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Bob Boule
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National Security Agency - NSA mobile device best practices
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
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