Authentication Today Means More Questions

Adams, John
October 2005
Bank Technology News;Oct2005, Vol. 18 Issue 10, p20
Trade Publication
The article focuses on the security moves by the banks in the U.S. to verify the identity of the customers. Authentication and identity verification hurdles are increasing rapidly and firms are asking lots more questions before customers can transact with the banks. Sources say the moves are in response to an industrywide concern about older methods of identity checks which were not only easily hacked, but actually played into the hands of crooks. One such application includes both Internet and phone to trigger an automatic phone call to verbally verify the identity that was keyed into a Web log in.


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