Money, Finance and Banking Blog in Pakistan
Posts tagged Internet Banking
67 Online Bank Branches Compromised in 2009, says PEW President
Jan 19th
Pakistan Economy Watch President Dr Murtaza Mughal is his statement issued on Sunday said that Saint Petersburg based Russian Business Network (RBN) was able to take control of 67 online branches of a major bank in Pakistan last year. He told that the bank was able to take counter measures with the help of some private (internet security) experts before any funds transfer could take place.
President Pakistan Economy Watch (PEW) has called for extra layer of network protection by computer security experts to save digital depositories as well as financial and personal data of bank customers. He informed that the More >
Pakistan’s First Internet Prepaid Visa Debit Card
Jan 3rd
United Bank Limited is offering UBL Wiz Teen Internet Prepaid Internet VISA ATM / debit card. The best thing about this card is that there is no session activation required for use on internet — and thereby no session activation charges.
Most banks require customers to activate their debit or credit cards for specific duration of time before making online transaction on the internet. Such banks charge a fee, usually Rs.100 or more, for this internet transaction activation service.
UBL’s Wiz Teen Internet Prepaid VISA Debit card requires no registration process and carries no annual charges. In addition to making online internet More >
UBL to Collect QESCO Bills Online
Jun 18th
United Bank Limited (UBL), one of Pakistan’s largest private sector banks, recently signed and implemented an agreement with Quetta Electric Supply Corporation (QESCO). The objective of the agreement was to make the process easier for QESCO consumers to pay their bills online through the UBL Netbanking and contact centres.
In addition, consumers can also use their mobile phones to avail this facility with UBL Orion mobile banking, while plans are underway to introduce cards in the continuation of this facility.
Mohammad Shafiq, CEO, QESCO and Aurangzaib Alamgir, SVP Business Head, E-Commerce Group, UBL signed the agreement on behalf of their respective organisations, More >
UBL Netbanking: Security Update
May 28th
United Bank Limited has released following security guidelines for its customers. If you are a UBL Netbanking customer, you may like to skim through it here.
As part of United Bank’s routine security updates to ensure that you continue to enjoy safe & secure Internet Banking, we strongly urge to read and understand the following important cautionary measures:
1. UBL does not and shall not solicit you to confirm/disclose your sensitive information (UserID, Complete Password, ATM PIN, Netbanking PIN, email password) via a link in any email.
2. If you need to Login or Signup (Getting Started) for Internet Banking, we strongly More >
