BMO Financial has introduced a new feature that allows cardholders to reset or change a Mastercard PIN via online or mobile banking.

The bank also launched a suite of credit card capabilities in the last few months, as remote banking gains more significance.

BMO everyday banking customers are empowered with various remote credit card management features.

Apart from the credit card PIN reset feature, customers can dispute a charge that they do not recognise on their credit card.

Using the credit score check and simulator, customers can build, improve, or maintain their credit rating.

They can also run the credit simulator to explore different borrowing scenarios, which offers them a comprehensive view of their financial health.

Using the mobile or online banking modes, customers can lock or unlock and replace their credit cards if it gets lost or stolen.

BMO Financial chief digital officer Brett Pitts said: “Canadians are turning to online and mobile banking more than ever before. We expect to see this trend continuing and expect a greater emphasis on digital capabilities.

“Our team has created a leading suite of capabilities that helps our customers confidently bank anytime, anywhere.

“We will continue to look for ways to give customers greater control of how they bank.”