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banking scams
Zest
DBS, UOB and OCBC to allow customers to lock-up funds amid rising scam cases
Customers can lock up funds in their bank accounts to safeguard against unauthorised transfers and malware scams.
November 27, 2023
Zest
Banks in Singapore avert $57.6 mil in scam losses: ABS
The banks’ recently implemented anti-malware tools have further protected customers from potential losses of at least $18.6 mil.
October 24, 2023
Cybersecurity
DBS latest bank to roll out anti-scam measures, after OCBC and Citi
DBS will restrict app access when it detects potential security risks.
September 26, 2023
Zest
MAS and ABS announce additional measures to safeguard customers from scams
The additional measures will be progressively implemented by banks and will be in full effect by Oct 31.
June 02, 2022
Zest
OCBC Bank rolls out emergency 'kill switch' that allows customers to freeze all accounts if scammed
The kill switch will also disable ATM access, debit and credit card transactions, as well as access to digital banking.
February 16, 2022
Zest
MAS to develop framework for equitable sharing of losses from scams
Under the framework, all parties have to be vigilant and to be responsible in taking their own precautions against scams.
February 04, 2022