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Two Factor Authentication's Journal

24th January, 2012. 7:18 pm. Internet Banking Sites Are Providing Two Factor Authentication In Order To Make Their Customers Tran


When considering the people ten years before, as they are having account book from the bank if they have an account on the bank. Each time when they want to deposit or withdraw their money, they need to bring thins account book to the bank. This is the only process of banks ion that days. It helps to people only for save their money at banks so that there are only few customers having the account on the banks. Those customers are only those who have more money but now days every one having as account on the banks for multiple factors. Banking process is vital part of everyone’s life as it helps to money transfer money to anywhere, bill payment and so on. Bank makes every thing simple. Apart from that we can get our money from anywhere with the help of ATM facility. This banking process are very simple and the account holders are growing day by day since it is important one to make the customers payment and their transfers are more secure. In order to make the customer transactions are very secure, banks are introducing two factor authentication. Authentication is nothing but validating of whether you are a right person.




This is more important to avoid forgeries and fraudulent customers on the banking network. The process of saml sso is as they are validating you on more than one time. For example in an online banking, when you enter into your account page you have to provide your ser name and password so that you can view your page. After that if you want to do any transaction from your account, and then it asks one more authentication from your side so that you have to answer for this correctly as the answers are already chosen by you for the same question so it understands as you are the right person for this process. In this process of authenticating more then once called two factor authentications so every one can handle their account more secure with the help of this Two Factor Authentication.

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