2 Passwords? Scratch-off Cards?

I just read that a lot of companies are beginning to think about using 2 passwords for authentication…I thought this was interesting enough to share…but it sounds a bit cumbersome to me….isn’t there an easier way?!

Quoted from Sr. Assoc. Ed., Andrew Brandt, of PCWorld.com:

Businesses call the arrangement “two-factor authentication,” but it boils down to having one password that you make up for yourself and another password that you get from someplace else. This is the computer equivalent of the security provided by a safety deposit box: Your key alone can’t open the box, and neither can the bank’s key; both parties need to use both keys at the same time. Here’s how one method might work: Your bank includes, with your monthly statement, a card with 50 passwords printed on it. Each password hides behind the same silvery stuff that obscures the numbers on a scratch-off lottery ticket. When you want to log in to your bank account online, you scratch off the silvery stripe covering one password, and then log in to the Web site with your user name, the password you created, and the password on the scratcher card. After you’ve used the scratched-off password, you can never use it again.