Examples of Personalized Security Credentials in a sentence
The Authenticator maintains dedicated Personalized Security Credentials (private keys) for each ASPSP.
For example, if the PSU has accounts at ASPSP1 and ASPSP2, the Authenticator would store different Personalized Security Credentials for ASPSP1 and ASPSP2, each being restricted for use with the respective ASPSP.
Indicatively, the e- Banking User shall not write down the Personalized Security Credentials in any way that can be understood by someone else, shall destroy the documents by which the Personalized Security Credentials were notified to him immediately after receiving them, shall not record the e-Banking User ID and PIN on any software which saves them automatically, except the ones that Intraclear provides.
If a Third Party Provider alleges that a Customer acted fraudulently or failed with intent or gross negligence to take all reasonable steps to keep safe Personalized Security Credentials, the Third Party Provider must provide supporting evidence to the Customer and to the Primary Financial Institution.