Two-Factor Online Banking Authentication

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<p><strong>Jersey City, N.J. &mdash; Aug. 15</strong><br />In its drive to make user authentication both stronger and easier to use for online banking customers, Comodo, a global certification authority and provider of identity- and trust assurance-management solutions, has announced a series of product enhancements to Comodo&#39;s TwoFactor (TF) solution.<br /><br />The enhancements announced extend Comodo&#39;s proven client certificate-based solution for two-factor authentication beyond home computers into the realm of public computers such as those used by online banking customers while traveling. </p><p>Through the introduction of one-time passwords designed for use at public computers, Comodo TF is now as effective as token solutions for user authentication at remote locations but does not include the high cost or challenging customer deployment typically associated with these types of solutions.<br /><br />These one-time passwords can be delivered through a variety of customer-selected options such as SMS messaging, e-mail or telephone. The key benefit to end-users is &quot;anywhere, anytime&quot; access to online banking accounts allowing optimum flexibility.<br /><br />&quot;Really useful technologies serve their intended purpose without inconveniencing their users,&quot; said Igor Seletskiy, Comodo director of technology. &quot;Striking the right balance between security and an acceptable user experience has been a challenge for many financial institutions providing authentication services &mdash; until now.</p><p>&quot;Strong authentication from public computers must be easy but cannot sacrifice security. With the new enhancements to Comodo TF, we achieve true two-factor authentication anytime, anywhere in a way that is easy and intuitive for all online banking customers.&quot;</p>

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