Promoted by Associazione Bancaria Italiana and organized by ABIServizi, the 2018 edition of Banche e Sicurezza took place in the Bezzi Service Center in Milan on May 22 and 23. There were the leading spokespeople of logical security in the banking sector and many representatives of the main financial institutions.
During this two-day event, the speakers explained how electronic fraud, data breach and identity theft have a strong effect both on the costs for financial institutions and on the perception of poor security clients have making transactions.
Technology has to provide banks with an efficient management system for security issues and it has to make users/clients feel more comfortable accessing services. It emerged that the need of a “secure” and “verified/verifiable” Digital Identity is an essential element to guarantee security in transactions.
Bit4id attended Banche e Sicurezza as Brand Partner; in its stand, the company presented products such as the innovative device Digital DNA and the solution to manage documents with electronic signature Signing Today.
During some meetings, speakers highlighted the increasing need to guarantee security in banking transactions with mobile devices. Banking transaction volumes in the mobile channel keep growing and electronic signature devices will ensures identity and non-repudiation as security conditions for mobile transactions. In this case, Digital DNA is the best choice.
Signing Today, instead, is an efficient solution for banks to protect data and to manage internal documents, with a useful saving process.
Security of banking transactions is migrating towards the new PSD2 standard, which considers “Strong Customer Authentication” as an essential requirement. Bit4id offers many solutions to improve security and it always meets bank specific demands.