Customers use on-card display to generate one-time passwords
Bank of America knows there are plenty of threats to its consumers. Fraudsters are always searching for new ways to phish information and access and empty bank accounts.
The Charlotte, N.C.-based financial institution has been working on ways to protect its customers from these attacks. The first step was taken in 2005 when it deployed SiteKey, but it more recently added two-factor security for some of its customers with a one-time password system call SafePass.
There are 409 words in the rest of this article …
Library Access Required
Library subscribers have access to the full archives of more than 10,000 original news items and feature articles published by AVISIAN’s suite of ID technology publications (ContactlessNews.com, CR80News.com, DigitalIDNews.com, FIPS201.com, NFCNews.com, RFIDNews.org, SecureIDNews.com, and ThirdFactor.com).
For just $49, you receive unlimited password-protected access to content on all of AVISIAN’s sites for an entire year. Your subscription helps fund the continued creation of independent, insightful content. Find out more.
Sign in as a Subscriber
If you are already a subscriber, you may sign in now. Enter your Email Address and Password and click Sign In.
If you have forgotten your password, enter just your Email Address, and click Send Password.
