Public Bank enhances banking security to combat scams and frauds

KUALA LUMPUR: Public Bank Bhd has introduced the transaction cooling-off period via PBe internet banking and PB engage MY mobile application for transactions which are deemed abnormal.

“This transaction cooling-off period is one of Bank Negara Malaysia’s five key measures for combating financial scams and Public Bank has implemented all five of them. The bank will continue to be vigilant and working with relevant authorities, to ensure a robust and secure online banking environment for our customers,” managing director and chief executive officer Tan Sri Tay Ah Lek said in a statement.