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Category: FINANCE

Posted on 20/01/2022

Did OCBC set a precedent with its ‘goodwill payout’ for scam victims? No, lawyers say

SINGAPORE: OCBC’s decision to give "goodwill payouts" to customers hit by an SMS phishing scam was not surprising given the public attention on the incident, lawyers said, but the ... ( read original story ...)

Posted on 20/01/2022

Vertex’s Singapore SPAC offering sees strong demand, subscribed 36 times

The SGX-listed SPAC said that its offering was about 36 times subscribed, while its international placement was 8.8 times subscribed. ( read original story ...)

Posted on 20/01/2022

Standard Chartered’s Elaine Ng joins Contour as head of innovation

Contour, the digital trade finance network, has appointed Elaine Ng to the newly created role of Head of Innovation. ( read original story ...)

Posted on 20/01/2022

Singapore pushed to introduce security measures amidst online banking scams

New measures, which include the removal of hyperlinks from email or SMS messages sent to customers and a 12-hour delay in activation of software tokens, will be implemented within two weeks and follow ... ( read original story ...)

Posted on 19/01/2022

DBS warns of SMS phishing scam ‘actively targeting’ customers

SINGAPORE: DBS Bank warned on Wednesday (Jan 19) that a phishing scam is "actively targeting" customers via suspicious login alert scams. The warning comes on the back of a recent spate of ... ( read original story ...)

Posted on 19/01/2022

DBS warns of SMS phishing scam after fake messages received by customers

DBS Bank warned customers on Wednesday (19 January) about a fake SMS claiming to be from the bank. The phishing scam involves the SMS being sent to customers claiming that their accounts have been ... ( read original story ...)

Posted on 19/01/2022

Singapore crypto ATMs shut down after central bank crackdown

The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state. According to Bloomberg, to comply with new regulations issued by the ... ( read original story ...)

Posted on 19/01/2022

All affected OCBC customers of recent SMS scams to get ‘full goodwill payouts’

SINGAPORE - All OCBC customers affected by a recent spate of SMS phishing scams will receive "full goodwill payouts" covering the amount they lost, OCBC Bank said in a statement on Wednesday (Jan 19). ( read original story ...)

Posted on 19/01/2022

OCBC says all affected customers of recent SMS scam to get ‘full goodwill payouts’ covering the money lost

SINGAPORE: All OCBC customers affected by the recent SMS phishing scam will receive "full goodwill payouts" covering the amount they lost, the bank said on Wednesday (Jan 19).  More than 100 victims ... ( read original story ...)

Posted on 19/01/2022

OCBC announces it will pay all SMS scam victims full sum they lost

SINGAPORE - All OCBC customers affected by a recent spate of SMS phishing scams will receive "full goodwill payouts" covering the amount they lost, OCBC Bank said in a statement on Wednesday (Jan 19). ( read original story ...)

Posted on 19/01/2022

OCBC to fully reimburse all victims for money lost to SMS phishing scam; arrangements to be made by next week

OCBC Bank will be making arrangements with all customers, who were victims of a recent SMS phishing scam, to be fully reimbursed them for the monies they lost by next week, said the bank on Wednesday ... ( read original story ...)

Posted on 19/01/2022

DBS warns against phishing scams after SMS impersonating the bank surfaces

DBS bank on Wednesday (Jan 19) issued an alert about SMS phishing scams after a screenshot of a message received by a customer about the "suspension" of his account was circulated online. ( read original story ...)

Posted on 19/01/2022

DBS warns against phishing scams after a SMS impersonating the bank surfaces

DBS bank on Wednesday (Jan 19) issued an alert about SMS phishing scams after a screenshot of a message received by customer about the "suspension" of his account was circulated online. ( read original story ...)

Posted on 19/01/2022

Upcoming Personal Finance Webinars and Events In Singapore You Should Attend In 2022

If learning more about how to manage your finances and/ or start investing is one of the items on your list of resolutions, here’s a curated list of personal finance webinars and events in Singapore ... ( read original story ...)

Posted on 19/01/2022

Grab Singapore includes more banks in linked account feature

Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB. Grab has expanded the number of local banks which Singapore users can link to their Grab account. Customers may ... ( read original story ...)

Posted on 19/01/2022

KNM board gives nod for subsidiaries’ listing on Singapore’s Catalist

PPCF is a boutique corporate finance firm headquartered in Singapore. It is licensed by the Monetary Authority of Singapore to provide financial advisory and capital raising services," said KNM. The ... ( read original story ...)

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