NAB customers may receive a prompt when engaging in unusual transactions, such as investing in crypto for the first time.
March 31, 2023Singapore customers of DBS were unable to access online banking services or make trades via its brokerage for around ten hours on Wednesday.
March 31, 2023The ABS Culture and Conduct Steering Group will seek to further build trust by strengthening digital banking security and highlighting banking practices that may compromise consumers.
February 14, 2023'NameCheck' will provide customers an indication of whether the name and account details they have entered in money transfers are correct.
February 6, 2023The UK and Singapore agreed to deepen cooperation on FinTech and sustainable finance, including to explore a global framework for regulating ESG ratings and data providers.
November 26, 2022UOB, was recognised for developing a solution within 100 days to strengthen digital banking security, during a period when Singapore was on heightened alert for scam and fraud threats.
November 22, 2022The units were established by 24 banks to house digital infrastructure for the delivery of digital banking products and services in self-service and assisted mode.
October 20, 2022GoTyme Bank, a joint venture of digital banking group Tyme and members of the Gokongwei Group of companies, was awarded a Certificate of Authority.
August 5, 2022Developing the new framework is taking longer than expected due to the complexity of the issues involved and the importance of ensuring the framework has the correct incentives.
July 19, 2022Under the refinancing scheme, banks will be able to use central bank funds to provide low-cost small loans to individual customers.
June 9, 2022