All posts tagged "IMDA"
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488AML / KYC20 Year Old Pleads Guilty in OCBC Phishing Scam Case
The individual worked with other youths to provide overseas syndicates control of bank accounts that were used to receive and dissipate funds obtained through scams.
April 21, 2022 -
275Market InfrastructureSingapore CSA Developing Technical Reference on Cybersecurity
The Technical Reference will provide guidance on the adoption of tiered cybersecurity measures to address the different risk profiles of enterprises.
April 5, 2022 -
416AML / KYCIMDA Starts Onboarding Banks to New SMS SenderID Registry
IMDA has begun onboarding banks and other organisations on the new system, which will prevent spoofed SMS text messages from being sent upfront.
March 8, 2022 -
953FeatureSingapore Continues Work to Bolster Digital Banking Security
New measures include expanding the use of biometric technology, strengthening fraud surveillance and detection algorithms, and enabling customers to trigger account freezes.
February 18, 2022 -
991FeatureSingapore Gets New Methodologies to Assess Responsible AI Use
A new open-source software toolkit has also been published to enable financial institutions to automate the fairness metrics assessment.
February 6, 2022 -
470AML / KYCSingapore, UAE Conclude Digital Trade Financing Pilot
The pilot enabled trading counterparties and transacting banks to digitally validate and exchange trade documents in real-time.
November 12, 2021 -
446AML / KYC
Singapore Authorities Warn of SMS Diversion Attacks
Malicious actors gained access to the systems of overseas telecom operators to divert SMS OTPs and authenticate fraudulent card transactions.
September 16, 2021 -
531FeatureABS Offers Standardised Approach to Bank Data Sharing
A new Data Sharing Handbook provides a framework for banks and non-bank ecosystem partners to share data in a safe, secure and responsible manner.
August 31, 2021 -
986Big PictureFinancial Services Driving Growth in Singapore Blockchain Use
The Singapore Blockchain Ecosystem Report 2020 says the use of blockchain in Singapore's financial sector is driven by industry collaboration to address common pain points.
December 9, 2020 -
1.2KFintech / RegtechSingapore Launches National Blockchain Innovation Programme
The initiative is aimed at further strengthening Singapore's blockchain ecosystem and promoting the adoption of scalable and interoperable blockchain solutions.
December 7, 2020
