Though SMS-based OTP for authentication is now quite popular, it is not foolproof. With the proposed principles, RBI wants to encourage alternative methods ...

The banking regulator RBI has issued a draft framework and sought comments from financial and tech platforms to explore and adopt other authentication mechanisms besides the SMS-based OTP method ...

Route Mobile introduces OTP-less authentication via direct data connection to thwart identity theft, highlighting the importance of mobile phones for user verification.

Citibank, meanwhile, said it has phased out SMS OTPs in place of authentication via digital tokens for customers enrolled to the latter since 2023.

To curb OTP misuse, India’s government has proposed changes in its Telecom Cyber Security Rules. While the intent is fine, it could make compliance difficult and expose users to other risks. We ...

Another OTP-free method gaining traction is Silent Network Authentication (SNA), which uses mobile carrier technology to verify phone number ownership without any input from the user.