A Greater Peace of Mind with a Token

Online banking has just become more interesting, with banks introducing additional security layer to protect customers.

But greater security comes with a price. You need to carry the thing around with you.

I learnt of this security feature which Maybank Singapore just introduced, scheduled to kick off only Jan next year. So I'm among the early white mice that are going to experience this new security feature.

The bank is going to phase out the current Internet Banking Code that the customers need to get through their Dial-Link service, or in other words, phone banking.

I was so curious about what this token is, when the lady at the counter kept saying that the bank is going to issue a security token for online banking purposes.

Initially I thought it was some paper or card or something. To my slightly amused shock, the token actually appeared to be something physical you can hold and press to get the information you need.

Hmm pretty interesting, have to experiment it out. Apparently, it can last for 7 years before you need a replacement. Also, according to the lady at the counter, this feature has been used by other banks too. Yet to find out which are the other banks also using this security feature.

With this additional security feature, I guess regular internet bankers or the more net-savvy generation are going to love it. Save you all the hassle of going to the bank, you can do all your banking needs from the comfort of your home and with the peace of mind that your crucial information is safe, why not?

I guess you will need to head down to one of the bank branches to discover this little token or shall I say this little surprise.

Not going to divulge too much here, in case I spoil all the fun for you.

However, if you are so persistent and want to really know more, head down here. www.maybank2u.com.sg/2fa

Have fun discovering! ;)