Selected article for: "high risk and mobile phone"

Author: Stephens, Chris
Title: Why are SMS codes still the global ID solution?
  • Cord-id: 4ag8wn1p
  • Document date: 2020_9_30
  • ID: 4ag8wn1p
    Snippet: SMS one-time passwords (OTPs) have become the default ‘step-up’ authentication option when individuals are performing high-risk actions online. It's because this approach is relatively easy for businesses to implement, and it works for most of their customers who nearly all possess a mobile phone and are familiar with OTPs. As a result, businesses typically use OTPs to authenticate both their customers and employees; and many banks are relying on this method to quickly comply with the upcomi
    Document: SMS one-time passwords (OTPs) have become the default ‘step-up’ authentication option when individuals are performing high-risk actions online. It's because this approach is relatively easy for businesses to implement, and it works for most of their customers who nearly all possess a mobile phone and are familiar with OTPs. As a result, businesses typically use OTPs to authenticate both their customers and employees; and many banks are relying on this method to quickly comply with the upcoming PSD2 Strong Customer Authentication (SCA) regulation.

    Search related documents:
    Co phrase search for related documents
    • accuracy rate and machine learning artificial intelligence: 1, 2, 3
    • achieve method and machine learning: 1, 2, 3, 4, 5
    • additional cost and machine learning: 1, 2, 3