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HSBC to issue security tokens to its customers

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  • NFH
    NFH Posts: 4,413 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    patman99 wrote: »
    I have 1 account with Nationwide + 1 with Barclays. I use the Nationwide card reader to log in on both sets of accounts. The Barclays reader sits unused in a draw.
    I much prefer the card readers, as you often don't need to carry around anything extra. It means you can do online banking at work for example because there'll always be a colleague who has one.

    And another thing is that you can get a code before you go out and keep it with you to use later. They are not time-sensitive but sequence-sensitive.
  • notafan
    notafan Posts: 269 Forumite
    R34GTT wrote: »
    I hope we can opt out of this as it's unnecessary for people who don't respond to phishing emails and are very careful with their logon credentials.

    no opt out, direct from hsbc's website...

    ''This is such an important upgrade that everyone must use it. It's very easy to use, but feel free to call us and opt out of online banking if you prefer not to use it.''

    Its either use it or dont bank online. Looks like we'll be ringing india more often.
  • glider3560
    glider3560 Posts: 4,115 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    notafan wrote: »
    Its either use it or dont bank online. Looks like we'll be ringing india more often.
    Or don't bank with HSBC.

    I'd rather use a card reader over this. At least I then only need to carry one device around with me for all the banks I use. Plus I've got enough of them now to keep one in my bag, one at home and one at university.

    I'll be seeing how I get on with this, but have visions of my Halifax Reward account becoming my main account.
  • NFH
    NFH Posts: 4,413 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    glider3560 wrote: »
    I'll be seeing how I get on with this, but have visions of my Halifax Reward account becoming my main account.
    No surprise why most of the phishing e-mails I have receive are for Halifax, given that their online banking is one of the last that doesn't require two-factor authentication.
  • notafan
    notafan Posts: 269 Forumite
    NFH wrote: »
    No surprise why most of the phishing e-mails I have receive are for Halifax, given that their online banking is one of the last that doesn't require two-factor authentication.

    I reckon its only a matter of time before halifax join the ranks of card readers, arent lloyds using them already, and hasnt the recent update just put them on the same playing field on terms of banking systems?
  • Olipro
    Olipro Posts: 717 Forumite
    notafan wrote: »
    I reckon its only a matter of time before halifax join the ranks of card readers, arent lloyds using them already, and hasnt the recent update just put them on the same playing field on terms of banking systems?

    you are correct, Halifax issued cards are already provisioned with the DPA applet that performs the cardreader functions, all they need to do is dole out readers and enable it on their website.
  • chivers1977
    chivers1977 Posts: 1,499 Forumite
    I don't have a card reader for my Lloyds account
    There are times when parenthood seems nothing but feeding the mouth that bites you Peter De Vries
    Debt free by 40 (27/11/2016)
  • NFH
    NFH Posts: 4,413 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I don't have a card reader for my Lloyds account
    What happened to the two-factor authentication that Lloyds trialled over 5 years ago? It looked like SecurID, which is quite expensive. What do they use now?
  • NFH wrote: »
    What happened to the two-factor authentication that Lloyds trialled over 5 years ago? It looked like SecurID, which is quite expensive. What do they use now?


    business users have a card reader and soon to be rolled out onto personal
  • Rodders53
    Rodders53 Posts: 2,668 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Looks like I'll be opening another account... waiting until hsbc issue the cards to me and the wife (to ensure it costs then as much as possible) and then closing the account I've had since I was 18 and you needed a sponsor to open one.
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