Authentication in the age of electronic transactions - ERP Spain.com - España y América Latina

Facing competition from disruptors like Apple, PayPal and Alibaba, banks are racing to demonstrate that they can provide customers with hi-tech, high-touch financial services. Yet one of the most critical elements to enabling any transaction, authentication, often still relies on paper-based or in-person processes that erase the efficiency gains of online and mobile services. In addition, paper-based, non-automated authentication can increase risks of errors and security breaches. Banking and security experts weigh in on the authentication practices used in banking today and how this function may need to evolve to meet the needs of the competitive banking environment in the years ahead.