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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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The regulation does not require two-factor authentication 2005-10-20
Anonymous
Like virtually everyone who has reported this story, the author of this article got it wrong. The new regulation does not require two factor authentication across the board for Internet banking, only for certain high-risk activities (e.g. interbank funds transfer). It requires that banks assess th...

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