Major US cell phone carriers are working on a mobile authentication system that could create a new open standard. Under the banner of the Mobile Authentication Taskforce, AT&T, Sprint, T-Mobile and Verizon say they have a solution which could roll out before the end of the year: next-generation, multi-factor mobile authentication (hopefully they'll come up with a snappier name for it before launch), which is intended to provide better security than the two-factor authentication we've become accustomed to (and which is not without its flaws).
Source: AT&T
US carriers testing replacement for two-factor authentication posted first on https://www.engadget.com
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