, Malaysia
702 views
Photo from Public Bank

Public Bank unveils PB SecureSign in major security overhaul

This is in line with the bank’s commitment to boost cyber protection.

Malaysia’s Public Bank introduced PB SecureSign as a security enhancement for users of its Internet Banking (PBe) and Mobile Banking (PB engage MY) applications. 

This comes after the discontinuation of SMS PAC (PBe Authentication Code) on 20 April 2023. PB SecureSign provides added security for all transactions, including FPX transactions.

All PBe and PB engage MY users are now required to activate PB SecureSign, a stronger 2-factor authentication method, for transaction approval following the discontinuation of SMS PAC.

ALSO READ: Public Bank posts 22.6% net profit surge in Q1

PB SecureSign has demonstrated its effectiveness in combating APK fraud, a common fraud tactic. One notable advantage of using PB SecureSign is its ability to provide comprehensive transaction details, including the beneficiary's name and account number.

Once activated, customers are instructed to enable Push Notifications in the device settings to approve transactions using PB SecureSign. 

Public Bank emphasises the importance of customers remaining vigilant in the fight against scams. It is crucial for customers to carefully verify all transaction details displayed before making a decision to approve or reject them.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Content on ABF
The text to display in the title bar of a visitor's web browser when they view this page. 
Lorem Ipsum
Contrary to popular belief, Lorem Ipsum is not simply random text.