This year we’ve had requests from clients with requirements for increased security using Multi Factor Authentication (also called Two-Factor Authentication or 2FA).
After analysing the requirements and options the Microsoft Authenticator app was chosen. Google Authenticator is more popular but we chose the Microsoft option for easier integration with corporate IT networks. Also, Microsoft Authentication works seamlessly with our cloud-based treasury solution with runs on the Microsoft Azure cloud platform.
When Multi Factor Authentication is enabled users will need to register the Microsoft Authentication app on their mobile phones. It’s an extra step for users but shouldn’t be too much of an impediment as many other sensitive systems, such as online banking, are already using Multi-Factor Authentication.