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What does RSA stand for in banking?

Asked by Anonymous Sep 02, 2026 0 views 1 answers
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Answered Sep 02, 2026

In banking and financial technology, RSA stands for Rivest-Shamir-Adleman, which is a foundational public-key cryptography algorithm widely used to secure digital banking transactions, data encryption, and secure online communication channels. Alternatively, it can stand for Retail Savings Account or reference security tokens utilized for multi-factor authentication in online banking portals.

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