Barclays steps up online security

Wednesday, 18 April 2007, 2:40 PM EST

Barclays Bank is handing out handheld chip-and-pin card readers as part of a new online security initiative.

The device, similar to a calculator, will be used to login to the Barclays site to make certain payments. Barclays says the reader will do away with the need for passwords and memorable words, and introduce a new layer of security to online banking.

At the BBC.

[ Read more ]




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