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Canara Bank introduces OTP-based cash withdrawals

Canara Bank has launched a facility for its customers to withdraw cash from its ATMs using PIN and OTP. Introduced in collaboration with ACI Worldwide, the facility will be available for the bank’s card holders and through the bank ATMs. The ATMs of the bank will feature an added layer of security for cash withdrawals above Rs 10,000 in a day. This additional factor of authentication will protect the bank’s card holders from unauthorized ATM cash withdrawals. This system is now active across all Canara Bank ATMs.

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