CIMB online transactions to require SecureTAC approval via biometrics or passcode from Sept 19
CIMB bank has announced that starting September 19, all online transactions will require mandatory biometric or passcode verification via the SecureTAC system. This update replaces password-based approvals to enhance account security and prevent unauthorized access.
Why it matters
This shift reflects a broader banking industry trend toward phasing out traditional passwords in favor of biometric authentication to combat rising digital fraud.
CIMB customers will need to verify online transactions using biometric authentication or their device passcode effective Sept 19.
The new requirement applies to transactions made via CIMB Clicks Web and merchant websites, with customers required to approve them through SecureTAC on the CIMB Octo App using facial recognition, a fingerprint or their device passcode.
In an FAQ on its website, CIMB said the measure aims to provide stronger security.
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