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> I imagine bank websites will adopt this technology immediately, ... I don't see banks adopting it at all for consumer banking. I work for a bank; I can tell
by nulbyte 3y ago
> I imagine bank websites will adopt this technology immediately, ...
I don't see banks adopting it at all for consumer banking. I work for a bank; I can tell you a bank isn't interested in adopting any technology that introduces friction for high-balance customers. What would they gain? A little extra fraud protection? You'll find lots of articles online spelling out the reasons that the optimal amount of fraud is not zero.
- Knee_Pain 3y agoHigh balance customers have the latest tech which will seamlessly implement this feature
- JohnFen 3y agoSome do, some don't.
- hellojesus 3y agoPlus they may start to see in person traffic soar. I won't have signed software, so now I'll go to the bank for all transactions while also filing FTC complaints. I imagine many elderly folks that haven't kept their systems current or updated may also face the same issue.