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The Transaction Authentication Number (TAN) market is a subset of the online banking industry. It is a security measure used to authenticate and authorize online banking transactions. TANs are typically generated by the bank and sent to the customer via email or text message. The customer then enters the TAN into the online banking system to authorize the transaction. This provides an additional layer of security, as the TAN is only valid for a single transaction and cannot be reused.
TANs are becoming increasingly popular as a security measure for online banking, as they provide a simple and secure way to authenticate transactions. They are also cost-effective, as they do not require additional hardware or software.
Some companies in the TAN market include RSA Security, Symantec, and Entrust. These companies provide TAN solutions for banks and other financial institutions. Show Less Read more
