Telstra has revealed plans to enhance security of customer accounts using two-factor authentication.
The telco’s Ventures division today announced a strategic investment in TeleSign, a mobile identity company that provides two-factor authentication using codes delivered to a mobile device by SMS, app or voice call.
“We hope to be able to offer a range of mobile identity solutions from this innovative provider and we will work closely with TeleSign to explore opportunities to bring this technology to our own customers,” said Telstra Ventures's managing director, Mark Sherman.
TeleSign CEO Steve Jillings said the Australian telco’s investment “will allow us to work closely with Telstra, combining our expertise and their regional experience to better serve customer needs".
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