Campus Cards, College and University Identification and Security

Banks compare cost, quality, and strength of multi-factor authentication schemes

Wednesday, February 8, 2006

From simple to complex, financial institutions have a bounty of choices


What kind of value will a financial institution get for its investment in strong authentication? For FIs, it’s become a burning question, thanks to federal guidance that recommends they boost the strength and security of their online banking systems by the end of 2006. In response, a growing number of tech vendors are rolling out highly sophisticated products.

There are 1175 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.

Email Address →
Password →
Action →

If you have forgotten your password, enter just your Email Address, and click Send Password.

Email Address →
Action →

PhoneFactor Inc. continues to grow its financial services roster announcing additions to its most recent clientele: Heartland Financial USA, OceanFirst Bank, Northway Bank, and CUANY Credit Union. The PhoneFactor solutions have been utilized by financial institutions as a way to protect customers using e-banking from online fraud. Additionally the PhoneFactor technology can authenticate bank employees for remote logins.

read more »

Anakam’s focus is on bringing low cost two-factor authentication to the masses, says J. Brent Williams, chief technology officer at Anakam. The company does this using out-of-band authentication technology such as text messaging, voice to telephone or voice biometrics.

read more »

Airports in Barcelona and Madrid in Spain have installed self-service kiosks available for use by holders of Spanish citizen ID cards or European Community electronic passports, according to a Pro Security Zone article.

read more »

Anakam Identity Suite has been chosen as the provider of three-factor authentication for West Corporations Fortune 1000 clients. Anakam will work to enhance the ‘West at Home’ service enabling it to feature a unique selection of authentication functions such as voice biometrics and digital signature.

read more »

After an official security review of the best authentication servers on the market for businesses and banks, Cryptomathic is pleased to announce that its two-factor authentication technology supports all the mechanisms outlined in review and provides customers with optimal and secure online banking.

read more »

After six months of internal testing, Cloudkick Web application has chosen Yubico’s USB-key multi-factor authentication product as an option for customer login. The YubiKey aims to add another layer of security for customers managing their cloud servers.

read more »