Banks wary of two-factor model

Thursday, 5 October 2006, 1:45 AM EST

More UK banks have expressed concerns over industry plans for a standard card reader to be used for authenticating online banking transactions.

Industry body Apacs is leading development of a standard model that could help to tackle identity theft by using a second means of proving customers are who they say they are.

At vnunet.

[ Read more ]




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