More Out-of-Band Banking AuthN

I recently wrote about HSBC moving to out-of-band AuthN for consumer banking (i.e. using a PIN delivered to a preregistered phone). Now Bank of America is announcing a similar mechanism (via PaymentNews). Bank of America currently uses SiteKey which doesn’t really provide much additional security, so the addition of an out-of-band authentication could be very beneficial. It will all depend of the authentication needed to set the callback number.

(Mirrored from TalkBMC)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s