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26 March 2005

Baiduri Bank will participate in the upcoming Brunei Information & Communication Technology Exhibition (BITEX®) 2005, to be held at Atrium Hall, The Mall from 30 March to 3 April.

At the Exhibition, Baiduri Bank will showcase its upgraded Personal and Business i-Banking services, which incorporate an enhanced security feature called the Token – a handheld device based on strong two-factor authentication. To gain access to Baiduri i-Banking services, each registered user will be issued a Personal Identification Number (PIN) and the Token. Once the Challenge Key is entered, the Token will generate a Response Key for the user to log in or confirm a banking transaction. This is in addition to other security features such as 128-bit SSL encryption, sign on alert, automatic time-out and 24-7 monitoring.

During the 5-day exhibition, Baiduri Bank’s Customer Service staff will be on hands to demonstrate the use of the Token, and provide information on the Bank’s Personal and Business i-Banking services, which range from account enquiry, electronic fund transfers to bill payment. The latter allows users to pay their bills to service providers such as DSTCom easily and conveniently.

Registered Business i-Banking users will also be able to perform limits enquiry, manage payroll, view complete audit trail of account activity and follow up on pending transactions within a secure online environment with different levels of access controls.

An Internet kiosk will be available at Baiduri Bank’s booth for interested customers to navigate around and explore various features of Baiduri Personal and Business i-Banking. Customers may also register for the service on the spot.

As a special promotion, Baiduri Bank will also be offering its MTV MasterCard Electronic CashCard at 50% discount during the Exhibition. With an annual fee of BND7.50, Cardholders will have access to a host of benefits such as acceptance at over 32 million establishments and over 900,000 ATMs worldwide, online payment, and attractive discounts and privileges at some of the most popular stores in Brunei. On top of the 50% discount, limited edition MTV merchandises will also be given away with every purchase on a first-come-first-serve basis.

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