Managing Authorizations: A New Approach to Keep Banks Secure
Published by Jessica Weisman-Pitts
Posted on September 12, 2022
2 min readLast updated: February 23, 2026
Add as preferred source on Google
Published by Jessica Weisman-Pitts
Posted on September 12, 2022
2 min readLast updated: February 23, 2026
Add as preferred source on Google
Banks can boost security by adopting policy-based, dynamic authorization across apps and APIs. Align with Zero Trust and modern identity standards while meeting PCI DSS 4.0 and PSD2 SCA to reduce fraud and ease compliance.
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Authorization management refers to the process of determining and controlling who has access to specific resources and data within a banking system, ensuring that only authorized personnel can perform certain actions.
Compliance in banking involves adhering to laws, regulations, and guidelines set by governing bodies to ensure that financial institutions operate within legal frameworks and maintain ethical standards.
Financial innovation refers to the development of new financial products, services, or processes that enhance the efficiency and effectiveness of financial markets and institutions.
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