The mBanking app contains 3 levels of security.
Keying in your User ID and PIN would invoke 1FA. Subsequently, to be able to unmask account details and perform selected transactions, authentication can be achieved conveniently by SMS, or alternatively with a Token.
High risk transactions would then require an issued token for authorization.
|1||1 Factor Authentication (1FA)||Key account numbers masked||View balances|
|2||2 Factor Authentication (2FA)||Perform selected transactions securely||Transaction History, Bill Payments, Fund Transfer|
|3||Transaction Signing (3FA)||Requires Token, applicable to perform high value
or high risk transactions
|High Value Transactions, Add New Payee, Update Particulars|