Thoughts: OneKey – Singapore’s latest 2FA system

Last December, OneKey was launched by Assurity Trusted Solutions (subsidary of IDA) to help make online transactions more secure, by adding an additional layer of verification. And hopefully replacing the current systems that are used (News article found –>; HERE). A casual sharing session at The PigeonHole early this month, with Assurity Trusted Solutions’ COO – Mr Chai, cleared some doubts and queries we end users have. 1) Size, look and functionality of OneKey: Around 2/3 size of EZlink card and 2 EZlink card worth in thickness.   2) What does the codes or buttons on it mean and its functions? Definitions: OTP –> One Time Password CR –> Challenge Response SIGN –> Transaction Signing Most banks are using OTP…

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