Not seen that in Europe for a long time. In fact all four UK bank accounts I have use two-factor auth.
Re:Mt. Gox Finds 200,000 Missing Bitcoins
by vertex-four on Friday March 21, 2014 @06:43AM
(#7441512)
My UK bank account (Bank of Scotland) does not have two-factor auth, and there's no stated plans to implement it, as far as I can tell.
My RBS and Natwest accounts both have CAP devices:
http://en.wikipedia.org/wiki/Chip_Authentication_Program
Edit: apparently I don't need them any more.
HSBC does still require it though.
They used to offer 2 factor authentication to some personal account holders but they have removed that and it only appears to be available for business accounts:
Seriously, that's screwed up. That being said, banks have insurance and all that jazz. So even though the state of security is not that great, it seems that you are less likely to get screwed incase of a screwup.