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OTP-Based Authentication in ATM Systems

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OTP-Based Authentication in ATM Systems


Raju Madhukar Nilam | Sainitin Sadvali Tota | Prof. Poonam Kale | Prof. Anupam Chaube



Raju Madhukar Nilam | Sainitin Sadvali Tota | Prof. Poonam Kale | Prof. Anupam Chaube "OTP-Based Authentication in ATM Systems" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Special Issue | Emerging Trends and Innovations in Web-Based Applications and Technologies, January 2025, pp.724-725, URL: https://www.ijtsrd.com/papers/ijtsrd75084.pdf

The rise in ATM fraud has exposed significant vulnerabilities in traditional security mechanisms, such as PIN and magnetic stripe card authentication. This paper explores how One-Time Password (OTP) authentication can significantly improve the security of ATM systems. It discusses the mechanisms of OTP, its benefits over conventional methods, challenges in its implementation, and future prospects for its integration with emerging technologies. A block diagram is provided to illustrate the OTP authentication process, and real-world case studies are included to demonstrate the effectiveness of OTP in preventing fraud.

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IJTSRD75084
Special Issue | Emerging Trends and Innovations in Web-Based Applications and Technologies, January 2025
724-725
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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