How the banking sector is adapting to security and regulatory requirements [Q&A]
Banks and other financial services institutions have been moving more and more towards digital in order to streamline processes and improve customer service.
The pandemic has accelerated this process but has also brought a rise in cyberattacks. Regulators have also begun to take more notice of security practices surrounding accounts. We spoke to Michael Magrath, director, global regulations and standards, at specialist in anti-fraud and digital identity solutions for financial institutions OneSpan, to discover more.