as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
describe the technology used in online banking.
user
online banking typically uses secure encryption technologies such as two-factor authentication, data backups, and firewalls to protect users’ data and transactions. it also utilizes non-traditional authentication techniques such as retina scans and voice recognition to provide an additional layer of security. additionally, online banking is often conducted over secure networks and websites, employing advanced password protection and other measures to guard against cyber attacks.
assistant