Authentication Is A Factor
Second Factor of Authentication, or better known as 2FA, acts as a second layer of authentication for verification matching to allow a safe and secure access.
2FA is eminently important for banks in their quest to offer secured online banking access to consumers at large. To date, for authentication powers more than 40 banks across Asia with a variety of authentication deployments, where the most prominent among them is the SMS One-Time Passcode (OTP).
The success factor of for authentication is due to its adaptable, efficient, scalable and secure experience, which benefits both the online banking account holders and the banks themselves.
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