Mobile Banking Application Security

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This paper presents the critical security challenges that mobile banking applications face in today’s market. Additionally, we summarize our experience evaluating both host card emulation (HCE) mobile payment and mobile banking applications. We also present evidence that certain HCE security approaches are worth embracing in mobile banking application development.

 

Explore the following topics:

  • Introduction to mobile banking applications and mobile banking security challenges
  • Recurring attacks and security challenges
  • Protection mechanisms and implementation challenges
  • How HCE mobile payment knowledge relates to mobile banking, mobile payment in transportation, and mobile acquiring (mPOS)