Content

The Month: Twice as safe at Barclays

Barclays has announced that it will trial two-factor authentication devices for online customers. A calculator-sized card reader will generate a unique 12-digit authentication code when a bank card is inserted. The bank expects to deploy the devices throughout 2007.

The devices are likely to be the first to conform to a new standard fromUK payments association APACS, which issued a UK card-readerspecification last year. A spokesman said: "I would speculate that otherbanks will follow suit (in issuing two factor authentication devices) ifthis deployment proves successful."

Get daily email updates

SC Media's daily must-read of the most current and pressing daily news

By clicking the Subscribe button below, you agree to SC Media Terms of Use and Privacy Policy.

You can skip this ad in 5 seconds