Yes. It's Me 247 does support multi-factor authentication (MFA) for first-time login through the "Method B" option. It also provides MFA as an extra optional protection for certain services, such as making Person-to-Person transfers and when a member updates personal information, like an email or phone number. 

Learn more in the It's Me 247 Strategies for Controlling Member Access booklet in the following sections:
  • Password/Username/Decisions to Make
  • Online/Mobile Password and Security Settings
  • Multi-Factor Authentication (MFA)