The more banking goes mobile, the bigger the honey pot to hackers looking for an easy payday. Recognizing the exploding FinTech ecosystem in New York City — and the need to protect that technology — one Chinese startup today announces the opening of its new Lower East Side offices, designed to make mobile banking safer. […]

Mobile banking users may not know this, but 40% of mobile banking application developers “aren’t taking the right precautions” to protect end users from fraud and data breaches, according to a recent study by IBM. That’s not all. The same study states that only 6% of total mobile app development is spent on security. “That’s […]