Customers should protect the card the same way they would protect their debit or credit card. |
Regulators are requiring all financial institutions to use multifactor authentication, layered security or other controls appropriate to the level of risk by December 2006. We were excited that Open Solutions developed a solution this quickly. It's very important for us to protect our customers' accounts, and we really feel the need for another layer of protection - especially for Internet banking. We volunteered to test Security Matrix as soon as Open Solutions offered it. |
We provide our Internet banking customers with a matrix card, and they must have it with them each time they sign on. The matrix card is unique to every customer, and the digits they are required to input changes every time they get to the sign-on screen. With the Open Solutions Internet banking system offering, only the customer knows the actual matrix values that were issued. |