TTP May come soon instead of OTP
TTP May come soon instead of OTP OTP = One Time Password OTP is very dangerous as it gives only one chance to do the transaction. OTP has became a tool to the Hackers, to cheat and loot the people. Because of OTP system the Bank frauds and Financial Cyber Crime is increasing day by day.. TTP = Two Time Password TTP shall be a strong safeguard for any kind of Mobile or Bank Transaction. In TTP the password key will be released Two times by the Banking System. With the first OTP, the transaction will only be generated and informed to the customer with Full details of the transaction taking place, such as.. * Full Name of Beneficiary : * Address/Location : * Reason of transaction : * Amount in figure : * Amount in words : After confirming the details as above, the user will send SMS to the banking system as YES / NO Then, if the answer is YES , the system will generate second OTP. Only after providing the second OTP...