Traditional one-time password measures such as key fobs are not always a practical solution for customer/constituent transactions because of their high cost and tendency for users to misplace them.
As part of our Multi-Factor Authentication solution, LexisNexis® One Time Password provides another layer of authentication for secure user access to high-risk, high-value transactions.
It serves as an effective tool for authenticating customers/constituents during high-risk and/or high-value transactions—without the need for an additional hardware purchase by the customer/constituent. Instead, LexisNexis® One-Time Password offers an alphanumeric code via SMS, text, email and phone, allowing customers/constituents to receive a one-time password on a device they already have in their possession.With LexisNexis® One-Time Password, you can authenticate users prior to accessing high-risk and/or high-value transactions-a critically important step when enabling a high risk or high value transaction.
LexisNexis® One Time Password is a one-time authentication solution that, when coupled with our identity proofing solutions, provides businesses and government agencies a single source for authenticated enrollment and repeat user authenticated access. This strengthens the binding of the identity and user access processes to provide a single view of the identity.
LexisNexis® One Time Password, as part of our Multi-Factor Authentication solution, provides another layer of authentication for secure user access to high-risk, high-value transactions.Key Benefits: