BMO MasterCard moving to two-factor authentication and paperless statements
Jan 31st, 2022 | Posted In : Credit Card Programs
Two Factor Authentication
As an extra layer of security, Bank of Montreal (BMO) will introduce two-factor authentication for Spend Dynamics.
Starting March 14, 2022, Spend Dynamics users will be prompted to register for two-factor authentication when logging into the system.
Users are encouraged to review the Spend Dynamics Two-Factor Authentication Guide.
For questions or support related to two-factor authentication, email purchasing.help@utoronto.ca.
Paperless Monthly Statements
Starting May 1st, 2022, BMO will no longer provide MasterCard paper statements to cardholders.
Moving to paperless has a number of benefits:
- Reduces greenhouse gas emissions
- Saves trees
- Reduces risk of identity theft
Cardholders will continue to receive an email from BMO when their latest statement is ready in Spend Dynamics, with a link to access card history and download a PDF copy. For step-by-step instructions, see this Information Library article.
Note: BMO can provide paper copies for a fee; email purchasing.help@utoronto.ca for more information.