In the IT security market and Banking Transactions online new technology needs to be developed all the time to beat hackers who make it a habit to regularly dupe investors of millions of dollars of money, by fraudelent transactions like phishing et al.
Tokens are one way of having safe banking transactions. One Time Password tokens are used to generate one time passwords which are safer than static passwords. Also smart tokens can be used to embed a chip in the token which authenticates user to the web site of the bank. Technological advances which makes life of hapless customers go a bit easy. Thats all about hardware security device and safe banking transactions.