BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): Bank Islam Brunei Darussalam’s (BIBD) proactive stance on digital transformation was highlighted by Minister of Home Affairs Dato Seri Setia Awang Ahmaddin Abdul Rahman, who is also the Chairman of BIBD, during the annual general meeting (AGM) recently.
“BIBD is fully embracing digitalisation to provide its customers with seamless and innovative banking experiences,” said the minister.
“However, as we progress, it is imperative that we remain vigilant and alert to the challenges that come with digitalisation.
"Online banking security is a top priority for BIBD and is consistently working to ensure that customers’ safety when using digital banking platforms is maintained. Measures taken throughout 2023 include two-device binding, automatic updates to the Nexgen app starting in September 2023, facial recognition capability, and more,” added the minister.
He also said the bank would like to remind the public to always exercise caution and vigilance when conducting online banking transactions.
“To date, BIBD has been actively collaborating with relevant agencies such as CSB to raise customer awareness about the growing cyber threats and scams, especially as digital banking and payment activities increase,” said the minister. - Borneo Bulletin/ANN
