What is the verification of transactions?

Transaction verification concerns the Internet method of identifying an account user to ensure that the person is allowed for this account. This system usually requires specific information such as the password and user identification number to verify permission. Other required types of information may be the mother's maiden name, the place of birth, or the first child's name. During the session, further information about transaction authentication may be required, since it is sometimes possible for other access to transactions during the active session. Certain transaction authentication software can also check the user and user habits and compare the current session with stored information. Customers who wish to carry out banking transfers (TAN) or re -enter the original information used to log in at the beginning of the session. Some sales websites also use this process to verify that the original customer is the one that makes the purchase and that information about sales transactions isu correct. Companies that create customer accounts containing personal data such as medical accounts or registers

Because the third party can be able to use sophisticated software and kidnapping or stealing, transactions, some type of authorization process is important to verify the user's identity. This is especially true for large purchases or banking transfers, money that is sent to a previously unused account or items sent to the address other than the address of the account holder. The problem of using Transaction Authjako The security method is that it is still possible for an unauthorized person to access information, which could result in theft or fraud. When a third party kidnaps session, the kidnapper can be able to obtain all or original information about authentication of transactions from the session and use them illegally.

Some systems check the physical location of the customer and other identification information,Including the previous consumer formula and the address of the Internet protocol (IP) of the computer. Unusual results will launch an application for further information about authorization. This is only useful in situations where a person is a repeated customer, but it can be very useful in preventing bank fraud.

A more effective way to protect transaction content is the use of other safety measures such as transactions verification. This method adds a means to verify the integrity of the transaction into authenticatin transaction. It is much harder for unauthorized users to capture the transmitted information in such a system, especially if the data that is transmitted is encrypted by the system.