Transaction authentication number: Difference between revisions

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m moved TAN (banking) to Transaction authentication number: moved acronym to full name
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A '''TANtransaction authentication number''', is an acronym formed from the phraseor ''Transaction Authentication Number'TAN'.'', TANs are beingis used by some [[online banking]] institutions as a form of ''single use'' [[password]]s to authorise [[financial transaction]]s. TANs are a second layer of security above and beyond the traditional single-password [[authentication]].
 
An outline of how TANs function: