OM-3.2.3
The term 'authentication' as used in this Module refers to the techniques, procedures and processes used to verify the identity and authorisation of prospective and established customers.
a) Identification refers to the procedures, techniques and processes used to establish the identity of a customer;
b) Authorisation refers to the procedures, techniques and processes used to determine that a customer or an employee has legitimate access to the bank account or the authority to conduct associated transactions on that account.
Added: January 2020