According to their press release Gemalto launched a new product which can read your TAN code from the website with a small device.
It works like this:
- The user goes to the website of his bank;
- The user inserts his card in to the device;
- The user enters his PIN, which is then verified by the device;
- The user points the device at his computerscreen, and is asked to verify the the transaction / login procedure on the device;
- When verified, the device responds with a OTP ( one-time-password );
- The user can login or authorise the transaction with his Username and the OTP.
I do not see what is new to me, as a user of online banking. I already have such a device, which does exactly the same thing except for the fact I do not have to point my device at my screen prior to logging in!
It would’t work for me either because my desk is unfortunatly, turned away from the window so sometimes the sun shines directly on my screen. I am pretty sure I won’t be logging in to my bank with that device until sunset…
