A Novel Method for Securing Online Banking Transactions

ASHIMA ARYA; PAYAL CHHABRA; NEHA BHATIA; BHAWNA KUKREJA

A Novel Method for Securing Online Banking Transactions

Authors: ASHIMA ARYA, PAYAL CHHABRA, NEHA BHATIA, BHAWNA KUKREJA

Unique Paper ID: 155367
Volume: 8
Issue: 10
PageNo: 1-5

Keywords: Face Recognition Machine Learning Geo-location Secured Mobile Banking IP address ISP Neural Network

Abstract:
One of the primary responsibilities of a financial/banking institution is the keep its clients secured against thefts. Protection against thefts is the primary reason why people choose to keep their money with banks instead of keeping it home, in their safe. Considering security as our primary target we have created this banking application which uses two-phase security mechanism for secure transaction. Firstly, via verifying OTP(One Time Password), secondly via recognizing the face and iris of the customer. Another reason why people choose banks in a secure environment is to easily trade money with online portfolios, debit cards, credit cards, smart cards, etc. The third option provided here is a track record of finding the location of a transaction that has been made, which may keep customers safe from fraud or at least locate the location of the theft.

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Cite This Article

ISSN: 2349-6002
Volume: 8
Issue: 10
PageNo: 1-5

A Novel Method for Securing Online Banking Transactions

Available:https://ijirt.org/Article?manuscript=155367

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