Bank of America Merrill Lynch, a leading provider of transaction services, today announced an enhancement to its Commercial Card offering with the launch of online PIN Check.
This demonstrates the need for 'self service' solutions for PIN Management, something our company has been working on for a while.
A natural extension is the ability to self-select a PIN for a card or of course an NFC mobile.
Hope this doesn't lead to
"enrolment fraud" of the type that hit NatWest's GetCash.
© Finextra Research 2015