25 February 2018
visit www.ebaday.com

HSBC Bank USA to ship two-factor one-time password device to customers

12 February 2014  |  3820 views  |  0 Source: HSBC

HSBC Bank USA, N.A. (HSBC) today announces the launch of a new fraud prevention device which provides valuable extra security for its personal internet banking customers.

Employing technology commonly known as 'two-factor' authentication, HSBC becomes one of the first major banks in the United States to give clients a free, additional layer of protection on top of existing passwords and other security measures whenever they bank online.
HSBC Security Device photo

Over the coming months, personal internet banking registered customers will receive detailed information about the HSBC Security Device, which generates a unique security code to input each time they log-on. It represents a key part of HSBC's internet safety strategy and will help ensure both the bank and its customers remain one step ahead of fraudsters. Following a recently launched customer awareness campaign, including BankMail communications and website messages, the HSBC Security Device will be distributed for customer activation from the end of the second quarter 2014.

Small enough to keep in a wallet or downloaded as a mobile device application, the HSBC Security Device is convenient to use and provides important additional peace of mind. However, individuals still have a primary role in keeping themselves safe online.

Customers are always the first line of defense against internet crime and can do a great deal to ensure their accounts are safe from criminals. Keeping personal information secret is vital and is why the device has been added to the bank's range of customer-focused safeguards.

The device will enable customers to bank online in a more secure environment and is a valuable extra step to make sure their accounts are not compromised. HSBC will also continue to offer a zero liability guarantee to any of its personal internet banking clients who fall victim to online fraud.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.nextgenbanking.co.ukRegister for the webinar

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12163 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10511 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8887 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8333 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7948 views comments | 10 tweets | 14 linkedin

Featured job

Find your next job