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Two-factor banking
Kelly Martin, 2005-10-18

People who lived through the Second World War, like my grandparents, had a very different view of money than those of us who grew up in the Information Age. Many of us still remember being told how foolish it is to keep one's life savings under a bed mattress, because the banks were known as trusted entities that will always do a better job of looking after your money. Even my grandparents, albeit reluctantly, came to realize that putting trust in financial institutions was the only way to go.

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Two-factor banking 2005-10-19
Theuns
Actually, my bank (asb.co.nz) has an opt-in option where a confirmation code is sent via txt to the client's cell phone for any transaction subject to abuse.

It costs an extra fee (pretty much covering the txt), but apparrently the market driver for this is already sufficient to allow it to be im...

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