Did you forget your Yahoo password? No worry, Yahoo will send you one.

In a new move, Yahoo has introduced a new service called "on-demand" passwords. It's sort of like two-factor authentication, but without the first step.

The new service lets a user log in using a short password that the company sends to the users smartphone as a text.

It is easy to set up. Just log into your account and choose the security settings. From there you can activate on-demand passwords and register your phone. Any future log in will result in a password field that is replaced by a button that says "send my password." You will recieve a four letter password via text.

Dylan Casey, Yahoo's vice president of product management for consumer platforms, said: "This is the first step to eliminating passwords."

Many companies have also tried to tackle the problem of their users having weak passwords. Password managers, like LastPass, also tries to take the burden off users to remember passwords.

"I don't think we as an industry have done a good enough job of putting ourselves in the shoes of the people using our products," said Casey.

Source: CNET