Mobile Banking Security In The US
What is m-banking?
Mobile banking (also referred to as m-banking, phone banking, SMS banking, etc.) means conducting account transactions via a mobile phone. For banks, mobile banking has become the most promising medium of reaching out to their customers because of the ability to provide services at any time or place in the world (of course, if there is cell phone reception). That’s why news headlines weekly report about new financial institutions launching mobile banking.