Financial institutions and banks operate in an environment that is quite filled with risks and threats. They also face many challenges, with fraud being a significant concern. Banks must employ sophisticated fraud prevention strategies to protect their resources because they uphold public trust and manage substantial financial assets. This article explores the vital role of…

Passwordless authentication refers to verifying the identity without using the traditional password. Instead of using passwords, this verification can include other methods like fingerprints, facial authentication, iris scans, and more. Also, there is a one-time code that is sent to the email and is used once to log into the account. Its purpose is to…