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DBS says its new digiVault account will take a “digitally in, only physically out” approach, with funds only accessible after identity verification. OCBC and UOB are also set to roll out similar features.
Ajay Banga Interview: World Bank President Ajay Banga, in an interview with Rahul Kanwal, Executive Director of Business Today, talked about how he plans to reform the World Bank, reforming MDBs, debt crisis, achieving SDGs, India's G20 Presidency, climate finance and more. Watch this Business Today Visual Story to know all about it.
Local bank DBS PayNow's service was down on Tuesday with customers reporting delays in their FAST or PayNow transactions from early in the afternoon. The issues, which come alongside a string of outages this year alone, caused DBS' brand sentiments to plummet.
Both local banks said their new anti-malware security measures do not monitor phone activities, collect or store personal data.
Singapore News - Some DBS customers have experienced delays, among other issues, while using the bank’s PayNow service on Tuesday afternoon. According to Downdetector, which tracks disruptions and issues in various service providers, there were about 163 complaints at 3.53pm on... Read more at www.tnp.sg