> I dont have to have a card to transfer $Xk between accounts or to pay > bills > I am happy to trust this to PIN numbers etc
If you can still transfer money using online banking in 5 years without some sort of smartcard/OTP/sms I'd be amazed. Banks have rolled out the first electronic authentication system to a mass market (i.e internet banking passwords) and we are just starting to enter into the phase where it is subject to widespread attack (phishing etc). The financial hit banks are taking on this will lead to multiple factor authentication systems. I think HESA are correct into wanting to do better than people just typing in passwords.. maybe their solution has some other flaws, but at its core it's a sound approach. Andrew _______________________________________________ Gpcg_talk mailing list [email protected] http://ozdocit.org/cgi-bin/mailman/listinfo/gpcg_talk
