Bio-Metric Trust and Security in Mobile Banking

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Executive Summary

The invention of mobile phones makes the human life easier. The purpose of this paper is to identify security risks in mobile banking and to provide an authentication method for mobile banking transaction by using bio-metric mechanism. Current mobile banking authentication is challenging and identified as a major security risk. Literature review shows that customer distrusts mobile banking due to security issues. The authors discuss security risks in current authentication methods in mobile banking.

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