Lloyds TSB new Internet banking bloomin system!
Discussion
ben_h100 said:
Does it use a card reader that generates a random number? Just received mine from natwest.
If it helps with security then I'm all for it..!
Yes thats the one.If it helps with security then I'm all for it..!
To make a payment-
Click onto bank web site.
Enter user ID number.
Enter Password.
Get new card reader out.
Get new card out and place in reader.
Press Identify and enter new PIN.
Then enter onto web the randomly generated numbers that the reader generates.
Click onto Bank account.
Click onto Transfer funds.
Click onto the recipient account details.
Enter the amount to transfer.
Enter the date to transfer.
Put card in reader again.
Press Sign on reader and enter PIN
Then enter recipients account number into reader.
Then enter amount to transfer into reader.
Then it generates another randon number to be input into bank web site.
And viola..
You have managed to pay 1 recipient only and have to go through all this st again for all the others!
Who the hell thought this system was a winner?!!
I'l be off to another bank or write a bloody cheque!
SmokinV8 said:
ben_h100 said:
Does it use a card reader that generates a random number? Just received mine from natwest.
If it helps with security then I'm all for it..!
Yes thats the one.If it helps with security then I'm all for it..!
To make a payment-
Click onto bank web site.
Enter user ID number.
Enter Password.
Get new card reader out.
Get new card out and place in reader.
Press Identify and enter new PIN.
Then enter onto web the randomly generated numbers that the reader generates.
Click onto Bank account.
Click onto Transfer funds.
Click onto the recipient account details.
Enter the amount to transfer.
Enter the date to transfer.
Put card in reader again.
Press Sign on reader and enter PIN
Then enter recipients account number into reader.
Then enter amount to transfer into reader.
Then it generates another randon number to be input into bank web site.
And viola..
You have managed to pay 1 recipient only and have to go through all this st again for all the others!
Who the hell thought this system was a winner?!!
I'l be off to another bank or write a bloody cheque!
CobolMan said:
Many banks are using this Two Factor Authentication system for online banking. It'll be fun when the batteries start running out after 5 years and the customer will have to order a new one (and I doubt they'll be free).
I suppose the way to find that out now rather than in 5 years' time would be to lose the reader (I'm with Lloyds too!) and try to get a replacement. You could argue that the reader is not part of your Business account contract (yet) and demand a freebie.tonym911 said:
CobolMan said:
Many banks are using this Two Factor Authentication system for online banking. It'll be fun when the batteries start running out after 5 years and the customer will have to order a new one (and I doubt they'll be free).
I suppose the way to find that out now rather than in 5 years' time would be to lose the reader (I'm with Lloyds too!) and try to get a replacement. You could argue that the reader is not part of your Business account contract (yet) and demand a freebie.Gassing Station | Finance | Top of Page | What's New | My Stuff