Sentences with phrase «prior verification of the identity»

The second technique is by merely allowing the creation of a user name and password without prior verification of the identity of the individual, such as by filling out an online form requiring certain personal information and then receiving an automatic email with a temporary password enabling the individual to access the system (as is the case for the Alberta Utilities commission).

Not exact matches

It is unclear whether either exchange implemented know your customer (KYC) protocols prior to this announcement, but in February 2017, the price of bitcoin dipped when the People's Bank of China began scrutinizing the lackadaisical identity verification of digital currency exchanges.

This process is known as eAuthentication and contains two major sets of requirements that must be met: the verification of the user prior to the issuance of the credentials (identity proofing) and a technical authentication method (user name and password).