Enhancing Banking Transaction Security with Fractal-Based Image Steganography Using Fibonacci Sequences and Discrete Wavelet Transform

The growing reliance on digital banking and financial transactions has brought significant security challenges, including data breaches and unauthorized access. This paper proposes a robust method for enhancing the security of banking and financial transactions. In this context, steganography-hiding information within digital media-is valuable for improving data protection. This approach combines biometric authentication, using face and voice recognition, with image steganography to secure communication channels. A novel application of Fibonacci sequences is introduced within a direct-sequence spread-spectrum (DSSS) system for encryption, along with a discrete wavelet transform (DWT) for embedding data. The secret message, encrypted through Fibonacci sequences, is concealed within an image and tested for effectiveness using the Mean Square Error (MSE) and Peak Signal-to-Noise Ratio (PSNR). The experimental results demonstrate that the proposed method achieves a high PSNR, particularly for grayscale images, enhancing the robustness of security measures in mobile and online banking environments.