Texting Prices On The Rise | PhoneFactor - Tokenless Two-Factor Authentication

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Texting Prices On The Rise

Posted September 15, 2008 By Sarah

Bank Technolgoy News recently published a piece entitled “Rising Text Rates a Threat to M-Banking?” Apparently, text messaging prices have doubled since 2005 to an average of 20 cents per message. This doesn’t bode well for mobile banking or two-factor solutions that rely on one time passwords delivered via sms.

http://www.americanbanker.com/btn_article.html?id=200809128DTHHCC0&email=y

Sarah

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PhoneFactor, Inc provides secure two-factor authentication services to leading companies worldwide. PhoneFactor's multifactor out-of-band authentication software is a cost effective, user friendly alternative to tokens, security fobs, certificates, and other 2 factor authentication methods.
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