Dubai, U.A.E., September 29, 2014: HID Global, a worldwide leader in secure identity solutions, today announced it will be participating in a roundtable discussion on Mobile Banking Technology Trends, Smart Banks and Solutions at the Middle East Banking Innovation Summit taking place on 29-30th September 2014.
As financial institutions face constant challenges to adapt to evolving demands in today’s market, delivering innovative new services become imperative to stay ahead of the competition. Advancements in mobile technology today have opened up a ubiquitous channel that enables banking anywhere, anytime. Major contributors to this transformation include mobile authentication for online banking, and the deployment of mobile platforms that enable customers to conduct banking transactions anytime, anywhere.
“Key challenges with today’s banking on the go include optimizing the user experience while ensuring that all transactions are secure and customer privacy is protected,” said Christy Serrato, solutions marketing, financial services with HID Global. “There are also increased regulatory requirements to consider and an evolving threat environment as cyber criminals move to target specific vulnerabilities of the mobile platform. Consequently accelerated innovations in authentication and identity management are becoming a central driver for mobile banking transformation.”
Who: Christy Serrato, solutions marketing, financial services with HID Global
What: Mobile Banking Technology Trends, Smart Banks and Solutions roundtable discussion that will provide insights into addressing mobile banking challenges while also applying consistent security across multiple channels. The resulting benefit to banks will be to satisfy growing customer demands for convenient banking services that are more secure and can comply with new mandates for multi-layered authentication.
When: September 30, 2014 at Jumeirah Emirates Towers, Dubai
The Middle East Banking Innovation Summit is a leading platform where industry experts will provide key insights into regional and international strategies and market perspectives with a special focus on technology innovations for the banking industry in the Middle East. It will also provide a strong networking opportunity.