zlacker

[parent] [thread] 2 comments
1. WordSk+(OP)[view] [source] 2018-09-27 19:11:58
Yeah, very surprising. Perhaps companies lose the ability to get this stuff done as they grow larger.

An even more shocking example is Transferwise, supposedly a cutting-edge star of the "fintech" scene. They use SMS-based codes, a wildly insecure form of OTP. Over a thousand employees and they cannot even implement some sort of app-based TOTP (such as Google Authenticator) to protect their clients' money.

replies(1): >>maxgas+nE
2. maxgas+nE[view] [source] 2018-09-28 00:58:31
>>WordSk+(OP)
Transferwise is quite low risk in this regard. They don't have a balance or anything like that, it's only moving money between 2 accounts in a transactional manner.
replies(1): >>WordSk+If1
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3. WordSk+If1[view] [source] [discussion] 2018-09-28 11:20:07
>>maxgas+nE
No, Transferwise provide balances as part of their "Borderless banking" accounts: https://transferwise.com/gb/borderless/
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