In today’s fast-paced world, one might think consumers value speed more than anything. In case of online banking, however, this is not the case. Instead, consumers would rather have more security than speed. This is according to a new report by MYPINPAD, the company that enables multi-factor authentication for touchscreen devices. The report, entitled Consumer Trust and Mobile Payments Growth, states consumer would very much like multi-factor authentication implemented. When asked what online retailers could do to improve trust, 40 percent would love to use cardholder PIN, 50 percent would like to see a combination of PIN and biometrics, while just…
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