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Reduce time spent re-entering passwords for the same identity [4] Reduce IT costs due to lower number of IT help desk calls about passwords [5] Simpler administration. SSO-related tasks are performed transparently as part of normal maintenance, using the same tools that are used for other administrative tasks. Better administrative control.
The following is a general comparison of OTP applications that are used to generate one-time passwords for two-factor authentication (2FA) systems using the time-based one-time password (TOTP) or the HMAC-based one-time password (HOTP) algorithms.
MasterCard SecureCode uses OTAC to confirm a user's identity One time authorization code as used in Yammer's desktop client. A one-time password (OTP), also known as a one-time PIN, one-time passcode, one-time authorization code (OTAC) or dynamic password, is a password that is valid for only one login session or transaction, on a computer system or other digital device.
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