20 Sep
2005
20 Sep
'05
6:50 a.m.
2-factor authentication is one of the few ways they could tighten up on security. ASB already does this, to some extent, with NetCode (ditto BankDirect - same company tho). They send you a text to confirm (you have to enter the code in the text) if the amount is over a specific value ($2500 per day). Works great. Why not do it on ALL transactions under a certain value (eg, $50)? Want to log in and check accounts?
ASB has $2500 only as the default (and maximum). You can alter it to any lower value if you wish. Ian