German Banks Are Moving Away From SMS One-Time Passcodes

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By msmashJul 11, 2019, 6:10 pm204 pts
Multiple German banks have announced plans to drop support for SMS-based one-time passcodes (OTP) as a login authentication and transaction verification method. From a report: Postbank plans to drop support in August, while Raiffeisen Bank and Volksbank plan to do so in the fall, Handelsblatt reports. Deutsche…

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