Second Factor Authentication (2FA) is an additional layer of security used by the bank to verify customer’s online identity. With 2FA, Standard Chartered Internet banking customers will be required to provide a unique Additional Logon PIN (ALP) for accessing personal account details and to perform online transactions.
This is in addition to the existing Internet banking Username and Password and in line with the recommendations from The Monetary Authority of Singapore (MAS) for all banks to adopt two-factor authentication (2FA) for better online banking security. |