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Multi-factor authentication goes mainstream

Discussion in 'Network World' started by RSS, Mar 8, 2016.

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    RSS New Member Member

    Fingerprints, rather than passwords, are what more than a million financial services customers at USAA use to get online. Part of a trend toward multi-factor authentication (MFA), there is no stored list of passwords for hackers to steal.

    In 2014, San Antonio-based USAA became the first financial institution to roll out facial and voice recognition on a mobile app, says Gary McAlum, USAA's chief security officer. Thumbprint recognition followed a few months later. A year after that, USAA had 1.1 million enrolled MFA users, out of a target population of 5 million mobile banking app users.

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