Bank Of Maharashtra launches MahaSecure -A Next Generation Digital Banking Solution

Mumbai, India, June 21, 2014: Bank of Maharashtra, one of India’s leading public sector banks, has launched MahaSecure, a next generation secure digital banking app, based on REL-ID – a digital security platform from Uniken. The MahaSecure banking app will enable secure access to internet banking facilities for both retail and corporate customers of the bank. MahaSecure will protect internet banking users from sophisticated online attacks.

Bank of Maharashtra’s initiative to launch the MahaSecure banking app is aimed at ensuring complete safety and trust in internet banking for all users as there is no dependency on any hardware tokens or SMS. The launch of MahaSecure also underlines the fact that the bank intends to offer greater customer convenience through alternative delivery channels such as the internet banking while ensuring comprehensive security.

MahaSecure is based on REL-ID -a next generation digital security platform developed by Uniken Inc. REL-ID provides ubiquitous, consistent user experience across multiple digital channels, and creates a massively scalable secure digital banking ecosystem which provides maximum security to the customers.

GM of Bank of Maharashtra Narender Kabra said, “As we focus on growth and start reaching out to more customers, we realize that our customer profile is changing. Traditional customer relationships are getting converted into digital relationships as more and more customers are switching to internet banking. In this scenario, it was important for us to assure our customers of complete safety as they access banking services online. We are confident that MahaSecure Appbased on the REL-ID digital security platform with inbuilt 2 Factor Authentication solution from Uniken will largely help us achieve this objective.”

CEO and Chief Innovation Officer Uniken Sanjay Deshpande said, “We are extremely happy and proud to have worked with Bank of Maharashtra. We believe that the positive step taken by the bank in leveraging Uniken’s REL-ID Digital Security Platform will drive faster adoption of their digital banking channels and provide better and safer online services to their customers.”