MB Bank Pioneers Facial Recognition for Secure Money Transfer

MB constantly rolls out easy and secure payment features, optimizing the safety of every online transaction through facial transfer authentication, with the amount of money transferred requiring authentication customizable by the customer.

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According to Determination 2345/QD-NHNN of the Governor of the State Bank on the deployment of security solutions in online payment and bank card payment, effective from July 1, 2024, transfers over 10 million VND require authentication by face or fingerprint. As one of the leading banks in applying digital technology and innovation, MB is a pioneer in implementing face authentication for customers and allowing them to choose the amount of money to be confirmed to proactively protect their transactions.

Using face authentication before transferring money, especially for large transactions, both increases the security level of payment transactions and reduces the risk of personal information being used. This saves time and provides a modern, secure payment experience for customers. With just a few simple steps on the MBBank App, customers can quickly activate the face authentication feature and choose the transaction level that requires face authentication according to their needs.

Pioneering in providing advanced security features, since 2021, MB has launched the “Lost Money – MB Compensation” shield on the Super App MBBank, giving customers peace of mind every time they make transactions and spend, especially in the context of increasingly sophisticated and fraudulent property appropriation schemes. MB not only focuses on enhancing the security of financial transactions, but also offers nearly 200 mini-apps integrated directly into the MBBank App, allowing customers to shop and experience a variety of fields such as booking flights, hotels, golf courses, medical appointments, investments, insurance, legal services, and online volunteering. All life utilities are conveniently managed with just one tap on the MBBank App.

In addition, MB’s versatile, multi-colored 2-in-1 super card ecosystem is also a standout feature of this bank on the market. Customers can manage all card information, personal information, and actively lock/unlock cards directly on the App to optimize security. MB cardholders can rest assured that they can make transactions and receive great deals 365 days a year when shopping, traveling, dining out, and getting around at more than 100,000 preferred points at Shopee, Xanh SM, Elsa, Cocoon,…

It is undeniable that MB is not only a dynamic, proactive bank but also a bank that “loves and spoils” customers in every payment experience. With modern financial products that anticipate technology and trends, MB continues to consolidate its position and contribute positively to the formation of the digital future of the financial sector in Vietnam.

SOURCEcafef
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