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Bank on Your Smart Device 2026
Introduction to Digital Banking
The world is quickly evolving from electronic banking to digital banking. Electronic banking was based on striped and EMV cards and is now rapidly transitioning to a new era driven by a variety of smart devices, their applications, and digital wireless transmissions.
Smart Devices and Communication
These smart devices include smartphones, tablets, and a variety of new digital communicating devices, mostly stored programs and wireless transaction devices. They communicate via the internet with remote databases, many of which are in Cloud configurations.
Security Advancements
Most will have migrated to a "secure" internet using the new SPARC Security Solutions. They will no longer require conventional PINs, passwords, or encryption.
Benefits of the New System
Smart device usage will no longer be subject to (1) misuse due to loss or theft of devices; (2) misuse of overheard wireless transmissions between a smart device and the internet modem; and (3) downloading fraudulent applications, malware, or viruses.
Additional Resources
Reading this book and its companion "Secure Your Internet Use", both available now!