|
Registration |
Continuous access |
Transaction authentication |
Password reset |
Why |
Minimizes fake accounts and spam |
Reduces account takeovers and stolen identities
|
Identifies fraudulent transactions & reduces chargebacks |
Reduces account takeovers, avoids account lockout, & reduces inbound calls to contact centers |
How |
Onboarding users register through the website or app |
If the user accesses their account from a different device or location, then the enterprise triggers access 2FA |
Authenticating transactions, payments, and money transfers |
When a user resets a password, the system sends an OTP to the mobile device and the user enters the code on the password to reset the webpage |
By applying 2FA procedures throughout the customer journey with tyntec’s API, enterprises will:
- Stop fake accounts and bots at registration
- Minimize account takeovers throughout the security journey in a user-friendly way
- Secure customer accounts worldwide with channels that don’t require smartphones, apps or data connections.
Find more information about use cases in our Multifactor Authentication Guide.