Network transaction verification and authentication

A system for providing a trusted secure access in a computer network from a local network location to an institution remote network location, the system comprising:

• a computing device at the local network location, the computing device having a processor;
• a remote server computer at a remote location;
• a trusted security device at the local network location to be activated with the remote server computer;
• the computing device comprising a computer readable medium having computer readable instructions stored thereon for execution by the processor, causing the processor to:
• (i) obtain, from the remote server computer,--a an institution authorized private security software comprising a scrambling algorithm and a descrambling algorithm, and store the private security software at the trusted security device;
• the trusted security device having a un-changeable global unique identifier (UID), which uniquely identifies the trusted security device;
• (ii) cause the private security software to:
• (ii-1) obtain a user selectable personal identification number (PIN) from a user;
• (ii-2) obtain the UID from the trusted security device;
• and
• (ii-3) forward the PIN;.and the UID to the remote network location;
• the remote server computer having memory having computer readable instructions stored thereon, causing the remote server computer to:
• (iii) run the scrambling algorithm of the private security software with the PIN and the UID as input to generate a user-personalized credential code containing scrambled access credentials to the institution remote location;
• and
• (iv) forward the user-personalized credential code to the computing device and store thereof at the trusted security device;
• and
• (b) the computer readable instructions of the computing device being further configured to, without communicating over any network, cause the processor to:
• (v) verify authenticity of the user selectable PIN and the UID, comprising running the descrambling algorithm using the PIN and the UID as input to descramble the user personalized credential code;
• (vi) upon successful verification, retrieve access credentials, providing access to the institution remote network location, from the user-personalized credential code.