Privacy Policy Background

What is MoneyAuth?

MoneyAuth is NoveNorth's security solution that protects your account when you sign in or approve payments. Think of it as your digital key that ensures only you can access your NoveNorth account.

How does MoneyAuth work?

  • When you log in or approve a payment, you're asked to confirm via MoneyAuth on your phone.
  • The approval is personal—even if someone knows your password, they can't sign in without MoneyAuth.
  • It works as two-factor authentication (2FA): your password plus your phone.

MoneyAuth vs. MitID – what's the difference?

MoneyAuth (NoveNorth)MitID (national eID)
PurposeSign-in and payment approvals within NoveNorthSign-in to public services, banks, etc. across Denmark
SecurityTied to your NoveNorth account and device; only you can approveNational standard linked to your CPR and verified identity
Ease of useQuick in-app confirmation (one swipe/tap)Can involve more steps, especially for high-security actions (e.g., passport scan)
FocusPractical security for everyday use in NoveNorthBroad digital identity across Denmark

You can think of MitID as your digital passport, while MoneyAuth is your personal security key for NoveNorth.

Why is MoneyAuth important?

  • Protects you against fraud and misuse.
  • Prevents anyone from accessing your account with a password alone.
  • Delivers fast, convenient security—without compromising safety.

In short: MitID proves who you are across Denmark. MoneyAuth ensures no one else can be you in NoveNorth.