State-owned Bank of Maharashtra launched MahaSecure, a digital banking app, to enable secure access to Internet banking facilities for both retail and corporate customers of the bank.
MahaSecure will protect Internet banking users from sophisticated online attacks, the bank said in a statement.
Bank of Maharashtra’s initiative to launch the MahaSecure banking app is aimed at ensuring complete safety and trust in Internet banking for all users as there is no dependency on any hardware tokens or SMS. The launch of MahaSecure also underlines the fact that the bank intends to offer greater customer convenience through alternative delivery channels such as Internet banking, while ensuring comprehensive security, it further said.
Narender Kabra, General Manager, Bank of Maharashtra said, “As we focus on growth and start reaching out to more customers, we realise that our customer profile is changing. Traditional customer relationships are getting converted into digital relationships as more and more customers are switching to Internet banking. In this scenario, it was important for us to assure our customers of complete safety as they access banking services online. We are confident that the MahaSecure App, based on the REL-ID digital security platform with inbuilt 2 Factor Authentication solution from Uniken, will largely help us achieve this objective.”