UAE-based Emirates NBD has completed its customer migration to the government-issued e-service platform Smart Pass to enable safer digital transactions.
Smart Pass is a soft token generator that enables customers to authorize digital transactions using highly secure encryption standards, offering strong two-factor authentication.
It enables customers to authorize digital transactions on Emirates NBD Mobile or Online Banking without the need to use an SMS OTP (one-time password) based authorization, providing protection against potential mobile SIM card swap fraud.This helps reduce reliance on local and international telecom operators, making it easier and safer to conduct digital transactions, home or abroad.
Suvo Sarkar, Senior Executive Vice President, Head of Retail Banking & Wealth Management, Emirates NBD said, “At Emirates NBD, customer safety is our top priority, and we are constantly developing new ways to make online transactions more secure, convenient and hassle-free. As fraudsters develop increasingly sophisticated means of accessing personal information, solutions such as Smart Pass are critical to help safeguard consumers in a digital age so that they can conduct secure transactions, easily and quickly, from anywhere in the world.”
