eBank-IT - Whitepaper Details

Password Expiry Manager
 
In a world where one's finances are accessible online from almost any corner of the globe, passwords play a crucial role in guaranteeing the security of one's banking account. To take password security lightly is like opening one's door to fraud and money laundering.

eBank-IT! Online Pooled Funds Managing Software minimizes the possibility of password thefts and fraudulent action by offering the Password Expiry Manager, a standard security feature that requires bank customers, or users, to change their passwords on specific occasions. 

A newly registered user into the eBank-IT! system is provided with an auto-generated password. When he logs into the system for the very first time, he is asked to change to a new password of his own creation-one that is a combination of alphanumeric characters and fits the specified character length. The customer is also required to change his password when he has accessed the system using this password for an x number of times. Bank administrators can customize the value of password validity to suit their security needs. 
 
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eBank-IT! - Financial Services - Innovative Pooled Funds Management - Online Banking Software System