Tag: Association of Banks in Singapore

Banks to block 50% transfers under new scam rules

Singapore’s leading banks will soon introduce a new safeguard designed to protect customers from large-scale digital scams. Starting 15 October, banks will automatically hold...

Singapore banks enhance security to fend off phishing threats

In a recent announcement by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS), major retail banks in Singapore are set to overhaul their security protocols.

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