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Yeah, very surprising. Perhaps companies lose the ability to get this stuff done as they grow larger. An even more shocking example is Transferwise, supposedly
by WordSkill 8y ago
Yeah, very surprising. Perhaps companies lose the ability to get this stuff done as they grow larger.
An even more shocking example is Transferwise, supposedly a cutting-edge star of the "fintech" scene. They use SMS-based codes, a wildly insecure form of OTP. Over a thousand employees and they cannot even implement some sort of app-based TOTP (such as Google Authenticator) to protect their clients' money.
- maxgashkov 8y agoTransferwise is quite low risk in this regard. They don't have a balance or anything like that, it's only moving money between 2 accounts in a transactional manner.
- WordSkill 8y agoNo, Transferwise provide balances as part of their "Borderless banking" accounts: https://transferwise.com/gb/borderless/ https://transferwise.com/gb/borderless/