Banks stepping up security to combat scams, fraud
Published: Jun 29, 2023 12:00 AM
Malaysian banks are improving security features in line with Bank Negara Malaysia (BNM)’s key measures to combat financial fraud.
The measures, announced in December 2022, include:
1. Transaction cooling-off period
2. Migrating from SMS and one-time passwords (OTPs) to a more secure authentication method...
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