Secure Token definition

Secure Token means authentication token used to perform two-factor authentications.
Secure Token means a physical device such as a smart card with computer processing capabilities used to securely generate Keys for a Certificate Holder.
Secure Token. A hardware or software token provided by Bank that generates a unique, one-time Passcode, that changes periodically, to be used along with the User ID and Password for ACH Services, Wire Services, and/or Internet Banking sign-on.

Examples of Secure Token in a sentence

  • An ACH transfer instruction transmitted to us through our online system must be authenticated via a Secure Token or other security practice as made available through the Service.

  • You will provide us with verification of the Payment Order by entering the one- time security code provided by your Secure Token or other security practice we make available.

  • You agree to notify the Bank immediately of each loss or theft of a Secure Token, any unauthorized use of the Token, or any other breach of security.

  • You will provide us with verification of the ACH transfer instruction by entering the one-time security code provided by your Secure Token or other security practice we make available.

  • Payment Orders transmitted to us through our online system must be authenticated via a Secure Token or other security practice as made available through the Service.

  • To activate your computer as a registered device, we will place a Secure Token in your browser.

  • Commercial account holders may be required to utilize a Secure Token.

  • Client and each Administrator and User agree to: (1) keep the Secure Token secure and strictly confidential and not to provide access to anyone else; and (2) immediately notify Bank if the Secure Token is lost, misplaced, or access to the Secure Token is otherwise compromised.

  • To release a Wire using the Wire Service requires the use of a User ID and Password, and Secure Token and Passcode.

  • SB may continue to sell any PRODUCTS remaining in its inventory during such notice period, but such right to continue selling PRODUCTS shall terminate upon termination of the Agreement at the end of such notice period.


More Definitions of Secure Token

Secure Token means either a hardware based (Digital Password Device) or a software based (Soft Token) token that allows you to login or perform transactions. At times access to online services or applications may not be available due to emergency or scheduled system maintenance. Access may also slow down due to high volume of internet traffic.