Multifactor Authentication in Bank Feeds

Financial institution accounts that support multifactor authentication (MFA) require additional proof to make sure it’s you when you log in or do other transactions. Examples of MFA accounts include those that need two-factor authentication (2FA) or a one-time password.

The validity of your account’s MFA token varies depending on your financial institution. Bank data import won’t work if the system sees your MFA token is invalid or needs an update.

For example, some MFA account credentials are valid only for a certain number of login sessions or transactions. In this scenario, you’ll need to reenter your login details and provide additional information in the bank feeds configuration setup to continue receiving daily bank updates.

Go to the Banking Import History page to check your bank data import status and see which financial institution needs reauthentication. To get to the Banking Import History page, go to Transactions > Bank > Banking Import History.

To update your MFA token, go to the Connectivity Configuration subtab of your format profile record. Then, under the Connections subtab, click the Refresh icon in the Update MFA column. For more information, see the following topics:

After you save the configuration, the system will perform a new bank data retrieval and import process.

Related Topics

General Notices