Barclays support two-factor authentication in GemaltoReview

 

David Mitchell, Senior Manager, Digital Operations and Fraud at Barclays, explains how banks are now following the lead of the enterprise sector in using two-factor authentication to safeguard identity.

The number of banking services available through the WEB is growing together with a need for solutions that ensures better identity protection. Such protection is expected by the bank's risk managers who need to be aligned with the bank's internal & external compliance requirements and look to stronger solutions than static password ones. At Barclays, some new on-line services could not be made available until  the new 2FA (two factor authentication) solution was deployed. Better protection is also a very strong user expectation. 76% of Barclays customers declared that they felt more confident with the new solution and 29% said they are banking more on-line as a result. More in The Review
 

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