Abstract:

Abstract- The need for security has increased in the recent times due to the high level of technology we use today. The most frauds performed, are financial frauds which cause loss to many individuals or organizations worldwide. ATM (Automatic-Teller-machine) It enables a bank account holder to perform transactions i.e. specially cash withdrawal in a public space without the need of any authorized bank person. But this causes a threat to the safety of the account holder as his/her card or bank account details can be skimmed easily by the intruder which creates loopholes in the security system & these loopholes are further explored by the attacker or intruder to perform unethical actions on the users bank account. So, to overcome this we have come-up with the concept of 2-way authentication which provides or creates a 2nd layer of security to the existing system & making it difficult for any types of malicious activity.

Description:

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