22-24 MAY 2018
MADRID - IFEMA

Contact

Trends in banking technologies of 2017

Trends in banking technologies of 2017

The bank online network is an important and indispensable way of managing finances today, its convenience and easy handling anywhere at any time has led to the banking processes to be redesigned so that most of all of the formalities can be made through the internet and offering to the users a lot of comfort and time saving. With the recent technological advances that are been created throughout the year it is very likely that bank pages will also update their services and functions for a more appropriated and friendly management.

Banking technologies and the adaptation to other platforms

Initially, the development of banking technologies were focused on being able to transfer the management of bank accounts through web pages including of course a really high security requirement of authentication with passwords and personal questions. Later on, a new platform was developed and introduced the new possibility of been able to handle the bank accounts from the cell phones, this was achieved thanks to applications that were easy to handle but always retaining the important aspect and requirements of security.

However, during the year 2017 many new devices have been created that are in full boom and are gaining popularity and that could as well be the new frontier of development to reach through the management of the bank accounts in the internet, this kind of new changes implies the development of new platforms for innovative devises such as smartwatches and everyday objects like televisions, videogame consoles and a lot of whole new options.

New mechanism of security in the banking technologies

One of the most innovative technologies that are being developed is the facial recognition thought and optical sensor; it is undoubtedly a very ambitious advance and took a lot of time to achieve such a complex function but is already at only months in control of it. It is logical to think that banking technologies aspire to use this new technology of authentication of the user to facilitate the entry of the users in their bank accounts and thus this will reduce the number of protocols and passwords required by the usual procedures. Along with the facial recognition they could include other technologies for the means of authentication as for example a fingerprint reader in those devices that can carry it out.

Of course these new advances in the security of bank accounts access will be duly evaluated and probably it will take longer to employ them as it should be to ensure complete security of the assets of individuals and companies, however it is not necessary to deny that these new advances in the banking technologies are very attractive, they will save a lot of time for the users and they could transform completely our perspective of banking pages so it is recommended to keep aware of all new advances that are proposed and above all to be open to the new developments that are slowly implemented in our banking technologies.