Fiserv Plans Two-FactorAuthentication

WASHINGTON - (03/02/06) – The seven core processingcompanies that are part of Fiserv and which serve more than a thirdof all credit unions will shortly unveil a uniform two-factorauthentication solution. Fiserv executives at CUNA's GAC told TheCredit Union Journal chose not to have each business unit developits own solution and instead leverage Fiserv's scale by havingrepresentatives of each company work as part of a team thateventually chose a product from an outside vendor that in turn willbe offered to its 2,200 credit union clients. Credit unions haveuntil year-end to comply with new rules requiring two layers ofauthentication before a member can access financial informationonline.