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With the number of smartphone users currently rising to over two billion across the world, it cannot be denied that greater mobility offers huge business growth potential for financial institutions. Mobile apps have certainly become an integral part of both our personal and professional lives, and the financial sector is learning to embrace mobile with almost all major banks, insurance companies and investment banks offering mobile apps to customers.
While many financial institutions have been relatively quick to adopt mobile, some are still hesitant. This is understandable with mobile apps increasingly vulnerable to security breaches. The consequences of putting innovation ahead of ... (read more)