US-based HomeStreet Bank has introduced a new mobile security feature, dubbed Card Controls, to gives clients greater control over their debit card from app.
The new feature is aimed at preventing frauds and further improve security of debit cards.
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Available through the bank’s mobile application, the new capability allows customers to turn on/off their cards and enable alerts for every usage.
The feature additionally enables cardholders to track their spending, as well as manage expense limits, merchant types and geographic locations.
HomeStreet Bank CEO and president Mark Mason said: “Protecting our customers from fraud is one of our top priorities, which is why we continue to roll out security features like Card Controls.
“Through Card Controls, customers have total control over their debit card right at their fingertips, giving them peace of mind that their banking information is secure.
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By GlobalData“We’re committed to our customers, and we’re looking forward to rolling out more features that make their banking experience safer and more convenient.”
The Card Controls feature follows a series of digital upgrades such as Cardless Cash, Apple, Samsung and Android Pay launched by the bank over the past few months to enhance customer experience.
Additionally, the bank plans to roll out a person-to-person payment network called Zelle in the near future.
