EU Abolishes Tan Lists and Banking Apps on Rooted Phones Ridiculousness

#1

Post by timakro » Mon, Mar 25, 2019, 4:27 PM UTC

EU Abolishes Tan Lists and Banking Apps on Rooted Phones Ridiculousness
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Re: EU Abolishes Tan Lists and Banking Apps on Rooted Phones Ridiculousness

#2

Post by bradknowles » Tue, Mar 26, 2019, 5:02 AM UTC

It’s actually “TAN” lists, and based on an initial skim of this page, I’m assuming this is an acronym of some sort for a type of one-time use passwords.

Perhaps one of our readers from Germany can help us clarify?

Re: EU Abolishes Tan Lists and Banking Apps on Rooted Phones Ridiculousness

#3

Post by timakro » Tue, Mar 26, 2019, 6:19 AM UTC

bradknowles wrote: post #2

It’s actually “TAN” lists, and based on an initial skim of this page, I’m assuming this is an acronym of some sort for a type of one-time use passwords. Perhaps one of our readers from Germany can help us clarify?

It stands for "Transaction authentication number", in Germany this term is widely used, not sure about other European countries.

And yes you are correct, this is a one-time password you enter to authenticate a bank transaction.