S gnature Signature is the most popular way of verification When a transaction is made. the card holder is requested to sign and the signature will be verified visually y this method is simple not useful in protection against"color plastic fraud where the criminal can sign their own signature in the fraud card
Signature Signature is the most popular way of verification. When a transaction is made, the card holder is requested to sign and the signature will be verified visually. this method is simple not useful in protection against “color plastic fraud” where the criminal can sign their own signature in the fraud card
Biometrics biometrics features were developed such as speed of writing, fingerprint or iris pattern implementation cost is high their accuracy is questionable
Biometrics biometrics features were developed such as speed of writing, fingerprint or iris pattern implementation cost is high their accuracy is questionable
Personal identifying number(Pin) PIN is a unique number given by the bank to each user which is effectively fixed by the customer account number and the cryptographic key used in the derived PIN computation Pin offset or password is a value that relates a derived pin to actual pin value
Personal identifying number (PIN) PIN is a unique number given by the bank to each user which is effectively fixed by the customer account number and the cryptographic key used in the derived PIN computation. PIN offset or password is a value that relates a derived PIN to actual PIN value
When a card holder transfer or withdraw his money from a bank account, a 6-digits password is inputted before transaction rocessed pI The password will be validated by comparing with the one stored inside the magnetic card by offset or in a centralized database in the bank
When a card holder transfer or withdraw his money from a bank account, a 6-digits password is inputted before transaction processed. The password will be validated by comparing with the one stored inside the magnetic card by offset or in a centralized database in the bank
The security of password is relied on the encryption algorithm of PiN, the PIN management scheme and the secrecy of password pin does not pi provides defense against data copied from another card which contains the correct card verification value Moreover, the encryption algorithm adopted in validation codes may be tampered and decoded by professional hackers with some insider information
The security of password is relied on the encryption algorithm of PIN, the PIN management scheme and the secrecy of password. PIN does not provides defense against data copied from another card which contains the correct card verification value. Moreover, the encryption algorithm adopted in validation codes may be tampered and decoded by professional hackers with some insider information