Standard Bank falls in with SMS security

Standard Bank South Africa has become the last major commercial bank to introduce SMS security for its Internet banking clients, reports IT Web.

"Most banks use the short message service to either inform clients that their accounts are being accessed, or to confirm that certain payments are being made, or that there has been a change in beneficiaries.

Standard Bank Internet banking customers will now be able to receive an SMS notification for logon, profile amendments, addition of new beneficiaries and amending of existing beneficiaries."

emily | 11:53 AM | SMS and Banking |
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