New Customer ID Verification Procedures

MAIN CONTENT

Compliance

Agency Road Maps

Alphabet Soup

Compliance Tools

FACTA/FCRA

OFAC

Lending

FACTA/FCRA

Lending Tools

SCRA

Marketing

Operations

Check 21

Operations Tools

SAR Resrch Guide

Security

AML/BSA

Bank Robbery

Counterfeits

ID Fraud/Phishing

Security Tools

Technology/eBanking

Info Security

SPECIAL AREAS

BOL Archives

BOL Blogs

Briefing Archive

Calendar

Court Watch

e-Card Exchange

Examiner's Corner

Executive Briefing

HR Corner

Infovault

Launch Pad

Regulator Roadmaps

Risk Management

Site Map

Site Orientation

Top Stories

~ ~ ~

SERVICES

CrimeDex

Em@il Education

ID Verification

~ ~ ~

SHOP

Banker Store
Bankers Info Ntwk
Vendor Connect

CONNECT

Career Connect

Learning Connect

Vendor Connect

Guru Central

INTERACT

Ask a Guru
Bankers Threads

Contact Us

Give Us Feedback

TOOLS

60 Second Solutions

Alphabet Soup

Banker Tools

BOL Forms

FUN

BOL Recipes

eCard Exchange

LEARN MORE

About Us

New Customer ID Verification Procedures
by Andy Zavoina, BOL Guru
Guru Bios

Question: I oversee the bank website and have been told that new compliance guidelines will soon be in effect, making it mandatory for us to have customers use two different types of verification procedures. This would involve more than just a login and password; a second type of verification procedure would be necessary. Can you clarify exactly what we need to do to be compliant?

Answer: Your answer lies in two resources I will recommend, Authentication in an Internet Banking Environment which is an FFIEC document and the webinar, Multi-Factor Authentication Issues and Choices, which you can order from the Banker Store (available after March 3).

First published on BankersOnline.com 2/20/06

Privacy Policy Disclaimer Recommend This Site ! Contact Us

BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.