Sometimes two factor authentication (2FA) methods are called multi-factor (MFA), which is not entirely correct. Most 2FA authentication solutions just add one extra layer of security on top of passwords. Many companies have already figured out that two factor authentication is a flawed quick fix as relying on passwords to secure online accounts is not safe. At all.
That is why COVR is designed to be completely password less and protects from fraud with an intelligent, truly multi-layered security approach that doesn’t depend on passwords.