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03/06/2023

More Than Half of Bank Consumers Want Better Transaction Security

PYMNTS

As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification.

PYMNTS’ latest research found that 36% of banking customers want their financial institutions (FIs) to provide more visible security measures for high-risk financial activities. Most of these consumers believe that additional visible security measures make their assets and personal information more secure.

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