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National Bank of Dubai enhances internet banking security

NBD becomes the only bank in the region to offer triple factor dynamic authentication on Internet banking

  • United Arab Emirates: Sunday, September 23 - 2007 at 14:11
  • PRESS RELEASE




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National Bank of Dubai has announced the introduction of an additional layer of 'dynamic authentication' for customers transferring funds via its Internet Banking service, NBD Online.

This new feature requires both Commercial and Personal customers of NBD to input an authentication code while confirming such financial transactions.

This code is obtained via a Token device issued to the customers. Personal customers also have the option of receiving the authentication code for each transaction via SMS.

This new feature makes NBD Online one of the safest Internet Banking services in the world. It is also the only Internet Banking service in the region to offer triple factor authentication, with the dynamic authentication applied at transaction level. With this, customers can enjoy stress free and safe transactions on NBD Online.

'It has been our ongoing effort to ensure a highly secured online banking experience for our customers whilst maintaining convenience and ease of usability. NBD's new Dynamic Online Authentication Mechanism offers a safe, easy and secured mode of transferring funds online' said Suvo Sarkar, Group Head Retail Banking, National Bank of Dubai.

NBD Online has also been awarded the ISO 27001 Certification for Online Security by TUV, Germany. The certification makes NBD one of the very few banks in the Arab region to be officially certified for adopting the Information Security Management System for controlling and managing the security of its Online Banking services as per international standards.

NBD Online is a comprehensive service offered by the bank to its customers and includes all the features required for day-to-day banking needs of both individual and commercial customers. Recently, NBD became the first bank in the region to introduce dual language online banking facility to its customers so they can make balance enquiries, transaction enquiries, transfers and remittances, bill payments and service requests in Arabic as well as English.




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Notes and media contacts

About National Bank of Dubai

Over the years, National Bank of Dubai has developed a solid reputation of stability and strength and is currently recognized as one of the top performing banks in the region. Founded in 1963, NBD is committed to providing customers with the knowledge and experience they need for a brighter financial future. With our team of professionals and diverse range of personal financial services, you have the expertise and experience of one of the leading banks in the region on your side.

NBD currently has an extensive branch network that includes over 44 branches throughout UAE, in addition to a branch in London and a representative office in Tehran.
For further information log on to www.nbd.com

For more information, please contact:

Ramy Lawand
Executive PR
National Bank of Dubai
Tel: 04-2012204
Fax: 04-2210319

Or contact: Linsey Worgan at d'Events Public Relations or +971 4 3311104
Lara Lynn Golden Posted by Lara Lynn Golden, News Editor
Sunday, September 23 - 2007 at 14:11 UAE local time (GMT+4)

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