Multifactor Race Nears Finish Line

Fest, Glen
November 2007
Bank Technology News;Nov2007, Vol. 20 Issue 11, p50
Trade Publication
The article focuses on the research report about the banking industry of the U.S., as conducted by Tower Group for the year 2007. According to George Tubin, research director of Tower Group, 95 percent of American financial institutions are now in compliance with the Federal Financial Institutions Examination Council (FFIEC) guidance that was issued in 2005. However, in the contrary, it also reveals how little interest banks have in back-end detection systems and out-of-band authentication.


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