National Savings & Investments (NS&I) will go live with two-factor authentication for some 500,000 customers of its online financial products next year.
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NS&I said, "Two-factor authentication seems to be the direction towards which most of the financial services industry is intending to move."
NS&I will trial a form of two-factor authentication early in 2007 before rolling out the technology to customers who want it. It has yet to decide what type it will implement.
Of the high-street banks, only Alliance & Leicester and HSBC are planning to roll out two-factor authentication this year.
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