For businesses who are looking to enhance profits and boost their global footprint, mobile app development and app security have become a top priority. With the smartphone industry still flourishing, it's evident that this trend won't be going away anytime soon, especially as market competition is increasing and new interactive technology becomes more prevalent. Mobile apps are expected to earn over $935 billion in revenue by 2023, according to Statista.

Handling sensitive data, compliance, and security is always front of mind for payment gateways. Technology is nowadays a double-edged sword. Just as digital advancement has revolutionized global commerce, so too have the tactics that cybercriminals use to defraud merchants and customers. A study by PWC, Global Economic Crime and Fraud Survey 2020, found that 47% of respondent companies experienced some form of fraud, resulting in US$42B of losses.