Password and TAN Management for Secure Transactions
 
Every financial institution considers security of utmost importance. As a provider of bank management software to financial institutions, eBank-IT! has taken steps to ensure that its Online Pooled Funds Managing Software guarantees complete secure banking to banks and bank account holders at all times. 
 
Upon processing of a user's registration, administrators make use of the software's powerful automatic Password and Security Key (TAN) generation capabilities to randomly assign alphanumeric passwords and security keys to new users without bias. Such access codes are automatically sent by the system to the user via email upon approval of registration in order for the customer to use these codes in future banking transactions under the system.
 
In making transfers alone, bank customers are required to enter their security keys before sending out their online transfer request. This eliminates the possibility of other parties accessing a user's account and making unauthorized transfers. And as an added security benefit, an account holder can always request a bank administrator to generate a new password or security key whenever he wishes in order to prevent financial criminals from hacking specific accounts on a regular basis.
 
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