In Europe you have a telephone PIN codes, you have number generators on the app. There are lots of ways to authenticate yourself. IN Europe you no longer need to tell them whether you're abroad or not; I guess the ML algo's that monitor for fraud are so much better than before that this isn't needed.
> IN Europe you no longer need to tell them whether you're abroad or not
The same is true with my major US bank (and probably other banks too).
Re:SMS is not 2FA-secure
by alamortsubite on Saturday January 11, 2020 @04:33PM
(#22022476)
YMMV. An ING ATM in Romania swallowed my gf's U.S. Santander card a couple months ago. We were told it was because she hadn't set a travel notice.
Losing a bank card isn't as critical as losing a phone # so companies have to act quickly. Think about it - Can you live without your bank card for few days vs living without your #
I'm going abroad all the time and I'm sure this wouldn't work anyway.
Last time I was in their office I realized how backwards they are.
That is for example how my debit card works. If I want to use it abroad I have to turn that feature on for whatever time I am abroad.