Banks set security standard

Wednesday, 4 January 2006, 5:51 PM EST

Banking industry body Apacs has completed work to establish a standard for a device to physically authenticate online and telephone-based transactions.

After almost four years of development, technical specifications for a card reader and the necessary card software have been finalised, although the system’s look and feel will only be settled after final usability tests are conducted later this month.

At Computing.

[ Read more ]




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