Out of wallet (sometimes abbreviated as OOW) refers to private data used for authentication in activities such as telephone banking or internet banking to prevent identity theft. The practice may part of a knowledge-based authentication process.
Out of wallet (sometimes abbreviated as OOW) refers to private data used for authentication in activities such as telephone banking or internet banking to prevent identity theft. The practice may part of a knowledge-based authentication process.
Source: Wikipedia "Out of wallet" · CC BY-SA 4.0
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