2 ms·

There would be no raw financial loss at the end of the day, but there sure is a lot of time loss involved for both parties. It gotta cost not a non-zero amount

There would be no raw financial loss at the end of the day, but there sure is a lot of time loss involved for both parties. It gotta cost not a non-zero amount of money to deal with all those issues, while with a proper 2FA all those costs would be pretty much cut to zero.

niij 7y ago
That was my point. The customer won't pay for any financial loss, so therefore the financial institution would.