Bank of India (BOI) has extended its partnerships with digital security firm Uniken to secure its internet and mobile banking channels globally.

The Indian lender has chosen Uniken’s flagship product REL-ID technology platform to secure its digital banking channels.

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The REL-ID secure platform is designed to offer a suite of protection, detection and correction technologies in the mobile app security space.

Uniken’s platform also complies with RBI and other statutory guidelines related to protecting digital banking assets with security solutions.

The platform eliminates sim swap scams, credential compromise fraud, and ensures endpoint threat detection for cybersecurity.

Uniken’s REL-ID technology has helped secure more than $8.2trn in transactions and 5.5 billion interactions so far.

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Uniken CEO Bimal Gandhi said: “Enterprises are enabling seamless access to enterprise applications over the internet and are often inhibited by security considerations of their applications and data.

“REL-ID is the only solution that organically combines device fingerprinting, app fingerprinting, user identity management, malware detection, multi-factor authentication, secure channel and cryptographic digital signing, in a single solution.”

Commenting on the announcement, Bank of India general manager and CIO Rajesh Kumar said: “Data security is extremely critical when it comes to financial institutions and banks.

“With Uniken’s world-class threat intelligence and protection solution, Bank of India has been successful in keeping a zero data-breach record and keeping up with their customers’ trust.”