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Birthdays. Pet names. No matter how often banks preach the importance of online security, some consumers still insist on using passwords that are as easy to hack as they are to remember. With mobile apps, fraud risk is often accompanied by frustration among users who are forever fat-fingering data on tiny alpha-numeric keyboards. Following are five ways that banks are aiming to make the mobile log-in experience safer and more user-friendly.
Swiping in at Capital One
Capital One (COF) has debuted a technology that will soon allow users to unlock its mobile app by tracing a pattern. SureSwipe, aimed at easing the mobile banking login process, also remembers the customer's user name.