BYOD, Mobile Offer Banks a Chance to ‘Get Cool Again'

David Saul, chief scientist at State Street, said mobility is not so much a hardware issue; it's a data management challenge. Bank employees and customers clamor for apps for new devices as they are released. The challenge is knowing what data is being loaded onto their devices, protecting that data and making sure it is synchronized with the data that is maintained inside the bank's own cloud or traditional server.

"I believe the world has already voted on mobile applications. Literally