Punjab & Sind Bank Leads the Way in Digital Security with Cutting-Edge Fraud Prevention

Punjab & Sind Bank is enhancing its digital security with advanced fraud prevention measures, including the new Enterprise Fraud Risk Management (EFRM) platform. The bank monitors over 40 million transactions in real-time to safeguard customers from fraud, aiming to provide a seamless and secure banking experience.

New Delhi, 12th November, 2025: Punjab & Sind Bank is strengthening its position as a leader in secure digital banking by launching a comprehensive fraud prevention framework. By incorporating state-of-the-art Fraud and Anti-Money Laundering (AML) platforms, the bank aims to protect customer transactions amid rising cyber threats.

The bank, with its vast network of branches, is implementing advanced fraud mitigation tools to counter digital threats effectively. Their new Enterprise Fraud Risk Management (EFRM) platform monitors millions of transactions across multiple channels, intelligently blocking high-risk activity and ensuring minimal disruption to genuine users.

Managing Director and CEO Shri. Swarup Kumar Saha emphasized the bank's commitment to customer safety, reflecting its alignment with RBI's focus on fraud risk management. Punjab & Sind Bank seeks to further enhance digital security by adopting AI-driven capabilities and robust authentication mechanisms.

(With inputs from agencies.)