Securing your online ID: beyond username and password

Thursday, 1 March 2007, 12:03 AM EST

There's no doubt that online banking is widely popular in this country -- just ask the millions of customers who've signed on for the convenience it provides. As fraudsters create new scams to bilk financial services customers or to simply hijack their accounts, however, banking customer trust is on the decline.

That customer trust is a powerful thing. Without trust, financial institutions could experience diminishing use of the online channel, which would have a significant impact on the bottom line for many financial institutions.

At the E-Commerce Times.

[ Read more ]




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