The state-owned Bank of Maharashtra has joined hands with Uniken, a pioneer in the field of digital security in India to secure its Internet banking channels on mobile, card, call centres and ATMs, among others, against cyber fraud. In this regard, the bank will use Uniken’s REL-ID technology for Omni-channel security for its online banking app MahaSecure .
- MahaSecure has made mandatory for all its customers who perform Internet banking activities to ensure data security and keeping cyber fraud at bay for their customers
- The app provides convenience, security and uniform experience across all devices, including desktops, laptops, smartphones and tablets, through the app’s medium to deliver services.
The REL-ID technology by Uniken has been modelled for defence-in-depth functions that will help secure the bank’s mobile apps by protecting them against phishing, pharming and malware attacks by delivering world class transaction capability.
About Bank of Maharashtra:
Managing Director & Chief Executive Officer (CEO)– A S Rajeev
Headquarter– Pune, Maharashtra
Tagline– One Family One Bank (Ek Parivar Ek Bank)
Chief Executive Officer (CEO)– Bimal Gandhi
Headquarter– Chatham, New Jersey, United States (US)
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In June 2020, The Reserve Bank of India (RBI) raised the withdrawal limit from Punjab and Maharashtra Cooperative (PMC) Bank to Rs 1 lakh from Rs 50,000 but extended the moratorium on the bank for another six months i.e. until December 22, 2020.PMC is under All-Inclusive Directions under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 with effect from September 23, 2019.