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June 24, 2024

OFBank intensifies efforts against fraud


The Bank aims to protect its clients from scams and fraud.

Overseas Filipino Bank (OFBank) unveiled its digital card verification value (CVV), a feature that beefs up the security of cashless payments and other transactions to be transacted via the OFBank mobile banking app. The said feature further enhances safety and security measures implemented by the bank to diminish increasing online fraud and other developing cyber threats amid the continuing consumer shift to online financial transactions. OFBank also added that the newest feature has been designed to give account holders convenience and peace of mind with reference to the upcoming holiday rush.