andnbsp;Mobile identity authentication leader Payfone announced today that it will be marking its entry into the global market by showcasing its patented "one-time password-killer" technology for the first time at Mobile World Congress Shanghai from June 28-July 1 in Shanghai, China . Directly addressing the National Institute of Standards and Technology (NIST)'s recommendation to deprecate SMS-based passcodes as a channel for second-factor authentication, Payfone's Instant Authentication for Mobile solution replaces cumbersome and easily hackable one-time passwords for a user experience that is easier, safer and up to 10x faster. The technology is already being utilized by top banks in the United States , with plans to expand to 35 new global markets. Click here for more.
from Cellular News http://bit.ly/2tiJZvq
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