Wireless carriers propose new online authentication method

Mobile giants think they have the answer to online authentication and have offered the idea of “Project Verify,” a new authentication initiative. According to Krebs on Security, the task force, including AT&T, Sprint, T-Mobile, and Verizon, say mobile verification is “a way to give consumers both a more streamlined method of proving one’s identity when […]

Mobile giants think they have the answer to online authentication and have offered the idea of “Project Verify,” a new authentication initiative. According to Krebs on Security, the task force, including AT&T, Sprint, T-Mobile, and Verizon, say mobile verification is “a way to give consumers both a more streamlined method of proving one’s identity when creating a new account at a given Web site, as well as replacing passwords and one-time codes for logging in to existing accounts at participating sites.”

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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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