WHAT BANKS NEED TO DO

Business Today - - FINTECH SPECIAL DATA AND SYSTEM SECURITY -

Cre­ate a more in­tel­li­gent frame­work to de­tect anom­alies

Use bio­met­ric solutions to prevent frauds

Use iden­tity ver­i­fi­ca­tion as an­other se­cu­rity layer over two-fac­tor ver­i­fi­ca­tion

In­form reg­u­la­tors about any se­cu­rity is­sue promptly

Keep watch on se­cu­rity vi­o­la­tions glob­ally

Carry out more checks on back­ground of fin­techs and their se­cu­rity tie-ups

Fo­cus on com­pli­ance is­sues

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