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Banks 'wasting millions' on two-factor authentication
John Leyden, The Register 2005-03-15

Banks are spending millions on two-factor authentication for their customers but the approach no longer provides adequate protection against fraud or identity theft, according to Bruce Schneier, the encryption guru.

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Banks 'wasting millions' on two-factor authentication 2005-03-16
Anonymous
Why don't banks develop and distribute an application to their customers for making the connection?

Avoid IE altogether

Avoid http altogether

Enforce client server identification through whatever method they choose

Enforce encryption through whatever method they choose

Could it be they want...

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