Transaction authentication number: Difference between revisions

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intro
M. B., Jr. (talk | contribs)
misleading concept correction;
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A '''transaction authentication number''', or '''TAN''', is used by some [[online banking]] institutionstransactions 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: