Singapore banks to implement new scam safeguards on all digital transactions from Oct 15

When an account is being quickly emptied of its funds, some transactions may be held or rejected immediately. Read more at ...
Euromoney

UOB claims new take on digital banking

Singapore’s UOB used its first half results briefing today to unveil a new digital bank to be rolled out across five Asean markets and aiming for up to 5 million new customers. It is big on ambition, ...
Crowdfund Insider

E-Signatures: Singapore’s UOB Is Piloting Government Technology Agency or GovTech Sign with Singpass

Singapore‘s United Overseas Bank (UOB), a multinational banking organization with branches mostly based in Southeast Asian countries, has announced that it’s piloting the use of Government Technology ...
The Business Times

Singapore banks to enforce 24-hour cooling period for digital transactions exceeding 50% of account balance

This is for current and savings accounts, including joint ones, with balances of at least S$50,000 Read more at The Business ...
FintechNewsSG

Singapore Banks to Hold or Block Transfers Over 50% of Account Balance From 15 Oct

From 15 Oct, Singapore banks block transfers over 50% of account balances under new anti-scam safeguards to prevent rapid ...