Identity & Onboarding

What is multi-factor authentication (MFA)?

A security mechanism requiring users to provide two or more independent verification factors—something they know (password), something they have (device or token), and something they are (biometric)—before granting access. MFA significantly reduces account takeover risk by ensuring that stolen credentials alone are insufficient for unauthorized access.

How it works

Example: After entering their password, a user must approve a push notification on their registered mobile device and scan their fingerprint before a high-value transfer is authorized—combining knowledge, possession, and biometric factors.