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Axis Bank Limited. Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. [8] It is India's third largest private sector bank by assets and fourth largest by market capitalisation.
A card security code ( CSC; also known as CVC, CVV, or several other names) is a series of numbers that, in addition to the bank card number, is printed (not embossed) on a credit or debit card. The CSC is used as a security feature for card not present transactions, where a personal identification number (PIN) cannot be manually entered by the ...
A one-time password ( OTP ), also known as a one-time PIN, one-time authorization code ( OTAC) or dynamic password, is a password that is valid for only one login session or transaction, on a computer system or other digital device. OTPs avoid several shortcomings that are associated with traditional (static) password-based authentication; a ...
By using a PIN, card or account holders can: Prevent potential fraud from happening to a bank or credit card account. Have easy access to electronic payment systems across the country and the world.
The Chip Authentication Program (CAP) is a MasterCard initiative and technical specification for using EMV banking smartcards for authenticating users and transactions in online and telephone banking. It was also adopted by Visa as Dynamic Passcode Authentication (DPA). [1] The CAP specification defines a handheld device ( CAP reader) with a ...
Personal identification number. A personal identification number ( PIN ), or sometimes redundantly a PIN number or PIN code, is a numeric (sometimes alpha-numeric) passcode used in the process of authenticating a user accessing a system. The PIN has been the key to facilitating the private data exchange between different data-processing centers ...
The user picks up the list from the nearest bank branch (presenting a passport, an ID card or similar document) or is sent the TAN list through mail. The password (PIN) is mailed separately. To log on to their account, the user must enter user name (often the account number) and password . This may give access to account information but the ...
Tokenization, when applied to data security, is the process of substituting a sensitive data element with a non-sensitive equivalent, referred to as a token, that has no intrinsic or exploitable meaning or value. The token is a reference (i.e. identifier) that maps back to the sensitive data through a tokenization system.