The U.S. Federal Financial Institutions Examination Council issued a requirement that banks strengthen the way they authenticate online transactions. The FFIEC move was widely interpreted as a mandate that would push more banks to two-factor authentication. The only mention of extra authentication I found was that, for extra security, I could choose to be prompted for my ATM PIN whenever I logged on. That seems to make an ATM card less secure, not to make online banking more secure, says expert.”]
Source: https://www.csoonline.com/article/2120190/two-factor-too-scarce-at-consumer-banks.html