In an increasingly globalized world, banking has never been more valuable. But at the same time, as the threats of hacking and cyber-fraud grow, ensuring that those transactions are secure has never been more important.
Here’s what’s on our radar:
The introduction of fingerprint recognition took off with smartphones and we can expect it to expand even further into other banking transactions.
The iPhone X’s most notable feature was the inclusion of camera software that uses your facial features to unlock it. At CSS, we believe that facial recognition for bank accounts will be the norm in a few years, ultimately reducing the chance of someone hacking into your business.
With software like Apple Pay and Square, ‘digital wallets’ and contactless payment systems have exploded in recent years, as more and more consumers ditch physical debit and credit cards for their phones.
In addition, cards like the Da Vinci Choice from Mastercard allows you to connect a number of cards to a single one, thereby decreasing the chances of losing your card.
Gone are the days of not knowing who’s on the other side of online transactions.
At CSS, we believe that B2B and Consumer facing fintech solutions should be simple, smart and secure.