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NCB Financial Group Limited is the parent company of the National Commercial Bank of Jamaica, the largest and most profitable financial institution in Jamaica. It is also the majority shareholder of Guardian Holdings Limited , [ 1 ] one of the largest insurance providers in the Caribbean, and of Clarien Group Limited , a banking and investment ...
The token is used in addition to, or in place of, a password. [1] Examples of security tokens include wireless key cards used to open locked doors, a banking token used as a digital authenticator for signing in to online banking, or signing transactions such as wire transfers.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
National Commercial Bank may refer to: NCB Financial Group, a Caribbean banking group headquartered in Jamaica; National Commercial Bank (China), a defunct commercial bank that was based in Hong Kong; National Commercial Bank Mauritius, a state-owned commercial bank in Mauritius; National Commercial Bank (Saudi Arabia)
The bank verifies the TAN submitted against the list of TANs they issued to the user. If it is a match, the transaction is processed. If it is not a match, the transaction is rejected. The TAN has now been used and will not be recognized for any further transactions. If the TAN list is compromised, the user may cancel it by notifying the bank.
The Bank of Jamaica (Jamaican Patois: Bangk a Jumieka) is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960 [ 3 ] and was opened on May 1, 1961. It is responsible for the monetary policy of Jamaica on the instruction of the Minister of Finance .
The token is a reference (i.e. identifier) that maps back to the sensitive data through a tokenization system. The mapping from original data to a token uses methods that render tokens infeasible to reverse in the absence of the tokenization system, for example using tokens created from random numbers. [3]
A sample of token. Tokens generically are something the claimant possesses and controls that may be used to authenticate the claimant's identity. In e-authentication, the claimant authenticates to a system or application over a network. Therefore, a token used for e-authentication is a secret and the token must be protected.