Security with iBizz

iBizz is a secure mobile application to help you access your account on mobile devices. The app has multi level security features as given below.

Login process

iBizz, the mobile banking app can be accessed by customers having Business Banking Debit or Inquiry Card or registered on Corporate Internet Banking (CIB). The first scenario involves a 4-step registration process to activate M-PIN as login password through authentication of Business Banking Debit or Inquiry Card number, grid values and One Time Activation Code (OTAC) sent on registered mobile number.

 

Secure fund transfer

Fund transfer can only be done to previously added payees/billers on iBizz. Also for initiating the transaction, CIB transaction password or Grid Values is required to complete the transaction basis type of login, thus adding another layer of security. The functionality is also secured with SMS or iSafe based OTP for every transaction. Limit given to the user on CIB will be applicable for iBizz transactions also.

Storage encryption

No sensitive information is stored on your mobile handset. Also, the data stored on the mobile is encrypted using strong encryption standards.

Communication encryption

The data exchanged between iBizz and server is encrypted to ensure data security and confidentiality.