Bank of America execs: “We’re all in favor of having our customers as our police force” BoA offers SafePass, a new one-time passcode for high-risk activities such as money transfer between individuals. The bank is working with MIT’s Media Lab to develop a Center for Future Banking. Efforts include a dedicated website, emails and even white papers about security best-practices. Customers now are more savvy about risks, BoA execs say, and customers are more aware of fraud threats.”]
Source: https://www.cuinfosecurity.com/online-banking-deputizing-our-customers-at-bank-america-a-815