Latest News:  maybank

Maybank today announced that it has completed the migration from SMS OTPs to Secure2u for its online banking services. These include bill payments and DuitNow, FPX and IBG transactions.

In case you didn't know, Malaysians can now make QR Payments in Singapore via the MAE app. Maybank did announce that it plans to expand the feature to other countries and today, the MAE QR Payment is now available for Thailand and Indonesia. 

In the near future, CIMB and Maybank will be moving their SecureTAC approval to their respective apps. This is part of the banks' to further safeguard your money from scam SMSes and is also, in line with the Bank Negara Malaysia.

Maybank has extended their Kill Switch service to also include Credit and Charge cards on top of your existing MAE account and access. As before, you can access the Kill Switch feature via the “…” symbol in the MAE app or go to Settings > Security > Kill Switch on the site.

If you haven't login your MAE app or the Maybank2u website yet, you'd be pleased to know that there is a new Kill Switch feature. It's a new security feature and just got rolled out today. 

In just the wee hours of this morning, a tweet was sent out alerting our Minister of Communications and Multimedia of Malaysia, Fahmi Fadzil about another data breach. This time, 13 million Malaysian user data from Astro, Maybank and SPR may have been compromised in the black market.

Maybank recently announced support for DuitNow Request, an easy way to ask for money from friends and family or request payments from business partners. With the new feature, Maybank2u web or MAE app users can easily send a DuitNow Request, with the payer only having to click ‘Pay’ to send the money.

Apple Pay arrived in Malaysia last month, and the local banks are trying to make their cards work with the payment service. Today, Maybank has announced that its American Express cards can also get linked to Apple Pay, starting from now on. 

Previously, we reported that Bank Negara Malaysia (BNM) told banks in our country to migrate from OTP to more secure authentication. Today, Malayan Banking Bhd (Maybank) has pledged its commitment to the call and will fully replace OTP via SMS with its Secure2u authentication system by June 2023.

Maybank has recently announced that activation of its secure verification feature Secure2U will be permanently moved from the M2U MY app to the MAE app. The bank said that this is part of its continuous effort to safeguard customers’ online banking security.