Financial Sector

MIB introduces online account application

1 min read
In recent years, the banking sector in the Maldives has been embracing technological advancements to enhance customer convenience. With this, the Maldives Islamic Bank (MIB) has implemented various measures to...

Bank of Maldives introduces "kill switch"

1 min read
As part of the ongoing efforts to enhance security and protect its customers from scams, Bank of Maldives has introduced a self-service ‘Kill Switch’ to disable access to Internet Banking...

BML introduces two-factor authentication

2 min read
In today’s digital era, where technology plays an integral role in our day-to-day lives, the importance of cyber security has become extremely evident. With a majority of our day-to-day tasks,...