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AmBank and Maybank announce full compliance with BNM security measures

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Maybank and AmBank anounced full compliance with all five security measures announced by Bank Negara Malaysia (BNM) last September. AmBankMY MyMaybank BNM_official Security Secure2u MAE Maybank2U AmOnline AmSecure

Banking apps on mobile will be the key to validate online transations

This completes its implementation of measures to combat financial scams, as announced by Bank Negara Malaysia last September. Additionally Maybank is enforcing a cooling-off period for first-time or different device enrolment of Secure2u, tightening its fraud detection rules for suspicious transactions, removing hyperlinks from SMSes, having a dedicated 24/7 fraud hotline for customers, and providing a self-serve Kill Switch to deactivate online banking access and block credit and debit cards.

Meanwhile, AmBank confirmed that it has adhered to all five BNM security measures ahead of the June 2023 deadline.

 

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