Digital Password Device definition

Digital Password Device or “Token” means a physical device that certain authorized users of eTreasury+ are provided by People’s United Bank to authenticate and prove one's identity electronically. The token is used in addition to a user-defined PIN in place of a Password to prove that the User is who they claim to be. The token acts like an electronic key to access eTreasury+. People’s United Bank provides Synchronous Dynamic tokens that do not need any connection to a User’s equipment. The User enters the number generated by the token to a local keyboard as displayed on the token, along with the User’s PIN, when asked to do so – collectively referred to as a “Passcode”
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Examples of Digital Password Device in a sentence

  • You agree not to reveal your Company ID, User ID, or Password or to give your Digital Password Device (token) to any person not authorized by you to use your eTreasury+ profile.

  • People’s United may require the use of a Digital Password Device for any or all of your Users.

  • Note: The Change Password function is not available to your company’s Users if your company uses or is required to use a Digital Password Device.

  • You also agree to notify us in a commercially reasonable timeframe whenever a person is no longer authorized to use eTreasury+ and return any Digital Password Device issued to him/her.

  • You may not use the Digital Password Device for any unlawful purpose.

  • In some cases People’s United Bank may require certain companies or Users to utilize Secure Token Sign On. Secure Token Sign On is designed to provide enhanced security by means of a Digital Password Device (token), which requires the User to enter a Passcode in place of a Password to access eTreasury+.

  • The Digital Password Device is for use only with your accounts that are subject to this Agreement.

  • In all cases where ACH and Wire Origination services are entitled, People’s United Bank requires your company’s users to utilize a Digital Password Device to access eTreasury+ and prior to transmitting external monetary transactions.

  • In order to access eTreasury+, you must use a Company ID, User ID, Password, and (if applicable) a Digital Password Device.

  • You may not use the Digital Password Device for any other purpose.

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