By using an additional layer of security (a second factor), customers can be protected from fraudulent attempts to access their online accounts. When customers trying to log-in to an account need to provide further proof of ID in addition to a password, things can get a bit more difficult for people trying to access accounts unlawfully. Someone may have figured out your password but will not have access to the mobile device that the OTP (One Time Passcode) number will be texted to. That’s how 2FA (two factor authentication) can protect sensitive information – you need to have both factors to get access, knowing or having one is not enough.
Learn how you can use the Sinch Verification APIs to secure your business and enhance relationships with your customers through simple, secure sign-ups and logins using multiple channels.