The FFIEC has issued guidance, “Authentication in an Internet Banking Environment,” for banks offering Internet-based financial services. The guidance describes enhanced authentication methods that regulators expect banks to use when authenticating the identity of customers using their on-line products and services. Examiners will review this area to determine a financial institution’s progress in complying with this guidance during upcoming examinations. Financial Institutions will be expected to achieve compliance with the guidance no later than year-end 2006.