Source: GuardSquare Blog

GuardSquare Blog How to Keep Mobile Banking Super Apps Secure | Guardsquare

Banking super apps are becoming the key to digital finance, bringing together services like savings, loans, insurance, investments, and more in one easy-to-use app. These all-in-one mobile banking apps have transformed how consumers interact with financial services, offering unparalleled convenience. Asia leads the super app market with apps like Alipay, serving 1.3 billion users; super apps are growing in popularity in other regions as well. For example, in Africa and the Middle East, these apps are gaining popularity as efficient solutions for low-end smartphones. In the U.S., consumer interest for the all-in-one banking apps is particularly high, especially among millennials. However, along with the convenience associated with super apps comes an expanded attack surface, making mobile app security a critical aspect to prioritize during development.

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Roel Caers

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