In a relentless pursuit of fortifying digital safety for its customers, Bank of Maldives (BML) has unveiled a new security feature that allows users to monitor the devices accessing their internet banking accounts. This proactive measure is aimed at safeguarding customers from potential online scams and enhancing the overall security of their banking experience.
The newly introduced device management feature equips users with the ability to scrutinize active sessions connected to their internet banking profiles. Users can access detailed information about the devices currently logged in and, if necessary, promptly log them out. This additional layer of control over account access adds a valuable shield against unauthorized usage.
This enhancement comes as part of BML's commitment to the continuous improvement of its digital banking services. It is included in the latest update of the BML internet banking application, ensuring that customers can readily access this safeguarding tool.
Recent times have seen an upsurge in digital threats and scams. In response, BML has implemented a series of protective measures, including the introduction of one-time passwords (OTP) via an authenticator, real-time push notifications for transactions, and alerts for every login attempt. OTPs are now mandatory for scan-to-pay transactions, while two-factor authentication bolsters security when logging into internet or mobile banking. Furthermore, a 'kill switch' feature allows customers to swiftly suspend internet banking and card services in the event of any suspicious activity.
This multifaceted approach to online security not only strengthens customer confidence in BML's internet banking but also reflects the bank's unwavering commitment to prioritizing the safety and privacy of its valued clientele. As digital banking continues to evolve, BML remains steadfast in its mission to provide a secure and seamless banking experience for all.