International Journal of Latest Trends in Engineering and Technology (IJLTET)
The Smartphones are becoming a major part in everybody's daily life. And all kinds of activities, including banking or financial m-commerce transactions (e.g. online shopping), now-a-days are performing online via Smartphone applications whilst at the move. This paper reviews techniques that use location as an authentication factor and make recommendations how location can be used for enhancing the security of banking using smartphone applications which require robust client authentication and lastly how a secret key using algorithms will ensure in securing fund transaction.