Comment Re:So offer a cost effective replacement (Score 1) 185
Thanks for the example. My bank actually has an SMS confirmation system like you described, but it's only for "unusual" transactions. I've never triggered it, so merely transferring money to new accounts for the first time doesn't do it. Most of my payments are in the two-digit range though, and I assume they thought it would be too annoying for most customers to confirm each and every transfer.