People are once concerned about accessing financial information on handheld devices, but according to the comsocre numbers more people turning into mobile banking. The banks implemented basic security measures like encoding but they are still vulnerable to bigger threats. Due to increase screen sizes, availability data connection and interesting solutions like check deposits (chase), money transfers make more people opting for mobile banking. Unfortunately, the current ecosystem does not favor operators in making any additional revenues from value added services like this.
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