BPI upgrades features of mobile banking app

BANK of the Philippine Islands (BPI) has added new security features to its mobile banking application to protect clients against cyber fraud and scams. "Cyberattacks are becoming more sophisticated these days in a world marked by rapid tech-driven changes," BPI security and data protection officer Jonathan John Paz said. "We recognize the urgency of staying ahead of the curve with continuing cybersecurity innovations and education to proactively combat cyberthreats, boost the awareness of Filipinos about these illicit activities, and ensure continuous confidence in digital banking," he added. The updated BPI app has three new security controls that users can easily activate. A device binding control that functions as a digital lock will only allow access to authorized mobile numbers and device, the bank said. Get the latest news delivered to your inbox Sign up for The Manila Times...