This white paper from Goode Intelligence (GI) details how financial institutions can avoid paralysis by embracing security solutions that allow their mobile apps to act as an anchor point when accessing FinTech services including pre-tokenized and tokenized payment applications.
Author: Goode Intelligence
Publication Date: Nov 28 2017
Number of Pages: 15
The financial services industry is being hit by a tsunami of change with banking being disrupted by technology-led services offered by agile challenger banks and FinTech service providers.
This comes at a time when financial institutions are struggling with the pace of regulatory change and service delivery is becoming dominated by new digital channels.
This white paper from Goode Intelligence (GI), sponsored by Entersekt, details how financial institutions can avoid paralysis by embracing security solutions that allow their mobile apps to act as an anchor point when accessing FinTech services including pre-tokenized and tokenized payment applications.
A single secure banking app can create a trust point between consumers and new FinTech services making it easy for the consumer to make a choice in what payment method to use.
This white paper explores:
1. Banks – having to keep up with a tsunami of change including:
a. Increasing pace of regulatory change – GDPR, MiFID II and PSD2
b. Increasing pace of financial technology change & the threat from FinTech
2. Adopting a ‘Mobile First’ strategy
3. How banks can support customer-centric services through a flexible security platform that enables the last mile of security
4. Introduction to Entersekt’s Connekt platform – Commerce enablement last mile
