News & Reviews:   CIMB Bank Berhad

Today, U Mobile has signed a new Memorandum of Understanding (MoU) with CIMB Bank Berhad to extend financing support for its upcoming 5G network rollout. This MoU follows the recent appointment of U Mobile as the nation’s second 5G network provider.

Following the directive by Bank Negara Malaysia (BNM) to move away from OTP to more secure authentication, CIMB Group has announced that it will cease the use of OTP by the first half of 2023. Instead, the bank will only use its SecureTAC for customers’ online banking authentication moving forward.

Today, CIMB Bank Berhad and CIMB Islamic Bank Berhad introduced the early release of the CIMB OCTO App. Although it's still in the early stages, CIMB customers can now start using it and provide their feedback before the app’s full release.