Digital banking remains consumers’ preferred financial tool – but security still a top concern

Recent news on phishing scams have once again raised questions on the security of digital financial transactions. While technology is advancing to deliver safe banking experiences, scams and fraudsters are also expanding the many ways they can trick consumers online.

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Despite this, more and more people are choosing to go digital for their banking needs, with digital payments being a top choice for online financial transactions in this new normal. With this increase, there is an even greater need for tighter security versus cyber fraud as scammers become bolder. Consumers are now expecting more of service providers to help create greater awareness of cybersecurity when it comes to online financial transactions.

Komo, the fully digital banking service that combines all the must-have features of an online banking platform, is leading the charge. Komo enables users to meet their daily banking needs with ease, convenience, and most importantly, security, all with a few taps on the app.

Backed by Eastwest’s decades of banking experience, Komo is no lightweight when it comes to performance, creating a new legacy for truly secure online financial transactions. Komo expertly combines digital convenience with solid banking security – enabling users to ensure each activity they do in the app remains safe and uncompromised.

Komo is all about putting consumers in control of their money in the easiest, most secure way – and that begins from the moment they create their savings account straight from the app. The feature-rich app allows users to track and monitor all their transactions in real time at a glance, and even ensures their money’s security with the ability to instantly lock their free VISA Debit  Card in case of loss or potential dubious encounters with scammers. This lock feature protects customers’ cards from unwanted ATM withdrawals, POS swiping, and online shopping. Transferring funds to another account or paying bills are also made seamless through the user-friendly interface of Komo; while OTPs provide a first layer of security, the biometrics ensure  you can log on to your app when the SMS OTPs take forever to arrive.

Having the app conveniently accessible also means gone are the days when one has to go to their bank branch or ATM, or even call the hotline to lock their card or change their PIN — ensuring they immediately secure their account wherever they are.

Visit the Apple Store, Android Play Store, Huawei App Gallery, and Oppo App Market to download the Komo app on your smartphone; with just one valid ID and with biometric security, you can create your Komo savings account and start enjoying Komo’s expansive and highly secure service and features.

Digital banking is no longer a buzzword – it’s today’s reality. With Komo, you can enjoy total control of your finances and the ease and convenience of online banking without the worry.

To know more about how Komo is making sure your digital banking experience is safe and secure, visit https://www.komo.ph/anti-fraud. Click on this link https://komo-ph.onelink.me/bFI9/017z3x5m and download Komo today to experience the best of digital banking!