Fidelity adds enhanced security for online customers

(CNS Business): Online customers of Fidelity Bank (Cayman) will now have to plug in a special code for every online transaction they initiate. Fidelity said that the introduction of these more robust online security features, which are effective immediately, are to militate against the increasing incidence of bank fraud that is prevalent in the Cayman Islands. This code will be texted by Fidelity to the customer’s private cell phone on file each time an online transaction is initiated. This way, every transaction will have a unique, randomly generated transaction code that must be entered before Fidelity will process the transaction and this code will only be available on the customer’s cell phone. Read more on CNS Business

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