Maybank group chief executive officer of community financial services Syed Ahmad Taufik Albar
KUALA LUMPUR: Malayan Banking Bhd
(Maybank) has introduced a market-first counterfraud feature on the MAE App called Money Lock. This feature enables customers to lock funds in their chosen savings or current accounts, preventing digital access and protecting the money from online scammers.
In a statement, the bank said that this additional layer of security allows customers to enjoy the benefits of online banking while ensuring their financial peace of mind.
