Mashreq said that this upgraded system will equip customers with additional banking functionality, improved security measures and financial freedom.
Mashreq has also introduced an activation code for adding a payment beneficiary; ensuring customers process their day to day transactions or payments securely, and with additional peace of mind.
The firm has also introduced a one-time password process where customers must add their utility account number in the beneficiary list and activate the beneficiary by entering the activation code received on their mobile number.
Mashreq head of Distribution Gavin Sanderson said in recent months, unfortunately a very small number of customers have fallen victims to phishing frauds, where they inadvertently disclosed their personal details to fraudulent websites. With the newly launched enhanced online banking platform carrying additional security feature, customers will have greater protection.
