Dubai: From Friday, July 25, banks in the UAE will begin gradually phasing out one-time passwords (OTPs) sent via SMS and email, in line with new guidelines issued by the UAE Central Bank. The shift ...

The government should engage with the Reserve Bank of India (RBI) to ensure that one-time passwords (OTPs) via SMS continue to remain the primary factor of authentication, the Cellular Operators ...

Multiple German banks have announced plans to drop support for SMS-based one-time passcodes (OTP) as a login authentication and transaction verification method. Postbank plans to drop support in ...

The UAE banking sector stands at a pivotal moment in its digital transformation journey. As one of the most technologically advanced banking markets globally, the region faces both unprecedented ...

Apple engineers have put forward a proposal today to standardize the format of the SMS messages containing one-time passcodes (OTP) that users receive during the two-factor authentication (2FA) login ...