Enhanced security to protect your online transactions
At ConnectOne Bank, we are committed to providing the highest level of system security for you and to protecting the security of your online transactions. This is why we have recently implemented a token technology that will add to the security and protection of your Business Online Banking account, called Transaction Authorization Token. Clients who use our ACH Origination or Wire Transfer services through Business Online Banking will be required to use the new Transaction Authorization Token.
What is a Transaction Authorization Token and how does it work?
A transaction authorization token is a small electronic security device, about the size of a keychain that generates a unique numeric sequence to authorize access to online Cash Management services including ACH Origination and Wire Transfer services. Security tokens provide an extra level of assurance through a method known as multi-factor authentication: the user's static password and the password generated by the token.
Security - Designed to defeat key logging and other forms of hacking by using "multi-factor authentication" to systematically impair the ability of fraudsters to obtain passwords and access to accounts
Peace-of-mind - Knowing that the risk of fraudulent funds transfer activity has been drastically reduced
Simplicity - Provides an easy to use, portable method of strong and secure authentication
How to set up your token for ACH Origination or Wire Transfers
For a step-by-step user guide on how to set up your Token for Online Banking, please view our How to Guide.
Security is Everyone’s Responsibility
We make the safeguarding of your information our top priority and hold our employees accountable for keeping your information safe and secure. We use state of the art, industry-standard technology and processes to help ensure that your privacy and transactions are not compromised on our servers, however, to ensure a secure Online Banking experience, we need you to take certain security precautions as well:
- Review your account statement regularly
- Protect your Online ID and Passcode
- Secure your Token
- Never leave your computer or mobile device unattended during and Online Banking session – sign off when you are finished with each session and always close your browser after signing off
Questions? Our banking representatives are always available to connect with you!
If you don’t have an Online Banking account, call to speak to one of our banking relationship specialists at 844-266-2548.