1st factor - The knowledge factor
This factor should already be built into your login process and enables your customers to access their accounts. Usually, the required user data consists of user name and password. Alternatively, for example, you can ask personal security questions that only the user can answer correctly, such as „What is the name of the first street you lived on?“
2st factor -The ownership factor
The simplest example of this factor is the key to a lock. You must physically own the key in order to open the lock. In our scenario, the customer’s mobile replaces the key – but retains the essential property that it is in the customer’s possession and, ideally, is protected against access by third parties with additional security measures. With our solution, you can add this ownership factor to your login.