OTCnet News and Updates
The Latest Updates to OTCnet: Release 4.7.0 (Part 1)
In September 2023, OTCnet updated to Release 4.7.0 (Part 1) and introduced a variety of new features for Offline Users such as Multi-factor Authentication and the ability for User Defined Fields (UDF) to support the “%” symbol. OTCnet Offline users will now also see their User ID next to the Welcome message on logging into the OTCnet application.
The Introduction to CAIA Webinar Series
In August 2023, OTCnet launched a new webinar series introducing the Common Approach to Identity Assurance (CAIA). The transition to CAIA includes a new and enhanced user account creation and provisioning process. Two remaining sessions will occur on October 19th and November 7th at 1:30PM ET. To attend, please register via the OTCnet Training Opportunities Page.
Do you have questions about CAIA? Check out the FAQ!
OTCnet has gathered frequently asked questions to help support the transition to CAIA. Need help finding a PLSA or LSA? Having trouble provisioning an account? Not sure about which method to validate your identity? Read the Introduction to CAIA FAQ to learn more.
Moving from Paper (Cash/Check) Collections to Electronic Collections
The U.S. Treasury is strongly recommending agencies move away from collecting cash and checks and towards electronic solutions (i.e. Pay.Gov, Online Bill Payment, ACH Credit/Debit) for collections. The OTCnet team has a goal of reducing paper deposit volume by 25% by the end of fiscal year 2025. For help on this transition, please contact your Agency Relationship Manager to discuss your agency’s electronic collections options.
Assigning OTCnet access to new users as a Primary Local Security Administrator (PLSA) or Local Security Administrator (LSA)
OTCnet offers Training Opportunities and Web Based Training Modules to help in the transition to the Common Approach to Identity Assurance (CAIA). Please see the following Web Based Training Modules to aid PLSAs and LSAs in this process:
- Module #3: Managing Users, shows using SailPoint IIQ to create user identities, adding or removing user access, approving, or denying user access, and approving or rejecting an endpoint/role.