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Keyword/Event/HighlightAxis Bank launches 'Safety Centre' on its mobile banking app
Launch DateJanuary 2026
PurposeStrengthen customer protection against digital fraud
Core Features- Customizable security settings based on usage needs- Real-time control over mobile and internet banking access- Prevents unauthorized transactions
Key Security Tools- SMS Shield to verify genuine messages- Option to disable Internet Banking- One-click restriction on fund transfers- Block third-party app payments- Control UPI usage, payee addition, and transfer limits
Significance- Addresses rising digital banking fraud cases- Empowers customers with self-managed security controls- Reduces reliance on bank branches & customer support
Digital Banking SecurityIncludes transaction limits, authentication checks, and access controls to protect against phishing, fake SMS alerts, and unauthorized fund transfers
PlatformMobile Banking App

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