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Why it’s time to say goodbye to passwords

Discussion in 'CSO' started by RSS, Aug 6, 2015.

  1. RSS

    RSS New Member Member

    When Wallaby Financial launches a new version of its app, which helps users maximize rewards and points, later this summer, it will be missing one notable feature: a password.

    "We'll authenticate their email address or their phone number," says Matthew Goldman, CEO of Wallaby Financial. "We're going to send them a one-time code to either of those locations, and they'll have to enter that back in the system. You have to prove that you have control of that phone number or email address in order to log into our system."

    [ ALSO ON CSO: What I learned from resetting over 300 passwords ]

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