Consumers today are moving toward open banking, and they use mobile apps to complete many transactions.

Yet, more than 50% of the world’s mobile financial applications do not use security best practices.

 Easy-to-use, convenient mobile apps can increase customer loyalty and engagement, which is why leading banks, credit card providers, and other financial services companies have developed mobile apps to serve their customers.

Without proper security precautions, mobile apps represent a security risk to banks, mobile payments companies, and other financial institutions. Beyond serious regulatory and financial repercussions, security incidents can also cost consumer trust and loyalty.

The data processed by and stored within mobile financial applications includes some of the most sensitive and regulated information in the world, including:

• Bank accounts

• Credit card information

• Consumer data

• Investment information

• Transaction Data

For mobile financial applications, maximum, state-of-the-art security needs to be the top priority. Guardsquare prevents tampering, reverse engineering and fraud against mobile financial apps. It is easy to deploy and has no negative impact on end-users.

Get & stay compliant

Meet regulations and compliance mandates, including PCI-DSS, SOC 2, PSD2, and international banking regulations to up-level your security and privacy practices, protect sensitive customer data, and minimize your overall risk profile.

Protect against the most common mobile risks

Reverse engineering and tampering rank as two of the top 10 most prevalent security risks according to OWASP. Both of these can become virtually impossible when using Guardsquare’s sophisticated application shielding technology.

Achieve consumer trust and loyalty

Deploy security best practices to both protect your apps and to provide consumers with the peace of mind they need to do business with you.