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HSBC To Provide Free Security Device For Safer Online Banking

Thursday, February 13, 2014 - 8:15 AMHSBC - Details
HSBC plans to make it safer for customers who bank online by launching a new security device that will generate one-time codes, which must be entered to conduct certain transactions. Additionally, the security feature will be available through the bank’s mobile banking applications. “We’ll mandate the use of this device for those who regularly make sensitive transactions that involve money leaving the accounts, such as bill payments and wire transfers,” said Neil Brazil, an HSBC spokesperson.

http://www.mybanktracker.com/news...ne-banking
4
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
Rep Points: 14,633
1. Thursday, February 13, 2014 - 9:09 PM
Sounds like a secure ID device (e.g., by RSA); good idea.
1
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
2. Saturday, February 15, 2014 - 11:41 AM
A couple of the credit unions I belong to have a 2 part signing in and they will call you on your home phone with a new pin number for each time you go into your accounts or they will email you a new pin number. 
1
Ally6770Ally6770943 posts since
Jan 16, 2010
Rep Points: 2,742
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