Expanded Options for Password Resets
The new first-time user activation scheme that was introduced in the 19.10 release, which uses a one-time activation code sent via text to a phone number or to the email address already on file, is currently being used only for activating first-time users. However, we already have on our radar the idea for eventually incorporating this method into password resets, as well as other functions in the future.
Status as of February 2021: Prototype project will be adding this functionality to email/personal info changes, described below. Project #53119 is in development.
Multi-factor Authentication for Email/Personal Info Changes
Also expanding on the first-time activation feature, this project would add similar capabilities for when members update personal information in It’s Me 247, including email address. This is in response to numerous requests from CUs specifically related to P2P fraud. The idea is to help reduce the chances of an unauthorized person changing a member’s email address and then immediately enrolling into P2P to transfer funds.
Since email addresses can be changed in many places within It’s Me 247, beyond the Personal Info Update feature, the first phase of the project is to alter how enrollments work not only bill pay and P2P enrollments, but also for eStatements, eAlerts, eNotices, and the like. In short, members who do not have an email address, or whose email address is wrong, will NOT be able to enroll without first changing their email address. For CUs who use the “reviewed” option to review incoming personal info change requests, this will now include email addresses as well.
Status as of February 2021: Project #52500 is awaiting availability of programming resources.
After this project is completed, we will start a separate project to incorporate the multi-factor authentication (text/email) functionality into the personal info update process. Again, members who don’t have an email address or text-capable phone number already on file must first contact the CU to update their email address or text-capable phone number. This will be an optional feature credit unions can activate or not, as they wish.
Status as of February 2021: Project #53119 is in development.
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