Punjab National Bank has launched the 'Safety Ring' feature to enhance internet and mobile banking security

Daily Current Affairs / Punjab National Bank has launched the 'Safety Ring' feature to enhance internet and mobile banking security

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Category : Business and economics Published on: July 16 2024

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Punjab National Bank (PNB) introduces 'Safety Ring' to combat cyber fraud, allowing customers to set daily transaction limits for term deposits (TDs) and overdrafts online.
The feature aims to enhance security by empowering customers to control their financial transactions more effectively, mitigating unauthorized access risks.
PNB's initiative underscores its dedication to bolstering internet and mobile banking security, prioritizing customer protection against potential financial losses.