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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

Has the Omicron wave hit Singapore yet?

The short answer is, yes. Daily Omicron cases have been rising alongside overall Covid-19 cases. . Read more at straitstimes.com. ( read original story ...)

Posted on 20/01/2022

‘Impulse’ trade shuts down Crypto ATMs in Singapore

The Crypto ATMs in Singapore are shut down by ‘Impulse’ trade. After the Monetary Authority of Singapore (MAS) outlawed cash-to-crypto terminals as part of a broader crackdown on advertising ... ( 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 20/01/2022

Crypto ATMs in Singapore shut down following newly released guidelines

The Monetary Authority of Singapore (MAS) is also limiting the crypto ads published by firms operating in the sector. ( read original story ...)

Posted on 20/01/2022

Singapore banks to remove clickable links in emails, SMS sent to customers as part of new security measures

Banks in Singapore will be removing clickable links in emails or SMS messages sent to retail customers and set the threshold for funds transfer notifications to customers by default at S$100 (RM311) ... ( read original story ...)

Posted on 20/01/2022

Majority of Singapore’s new COVID cases, Omicron infections are local

Of the new cases, some 75% – or 1,205 – are local. Of the additional Omicron infections, over 81% – or 965 – are local. ( read original story ...)

Posted on 20/01/2022

Singapore is cracking down on crypto ATMs to prevent buying ‘highly risky’ assets on impulse

"The trading of cryptocurrencies is highly risky and not suitable for the general public," the central bank said. ( read original story ...)

Posted on 20/01/2022

Crypto ATMs Shutdown in Singapore on ‘Impulse’ Trading

Cryptocurrency adoption suffers a setback as Singapore officials shut down crypto ATMs. In what appears to be a body blow to mainstream adoption, financial regulators in Singapore took cryptocurrency ... ( read original story ...)

Posted on 20/01/2022

1,615 new COVID-19 cases in Singapore; 1,185 Omicron infections confirmed

SINGAPORE: Singapore reported 1,615 new COVID-19 cases as of noon on Wednesday (Jan 19), comprising 1,205 local infections and 410 imported ones.  There was one fatality, according to the latest ... ( 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

Banks in Singapore to remove clickable links in emails or SMS to customers: MAS

In the next two weeks, banks in Singapore will remove clickable links in emails or SMS sent to retail customers and implement other additional measures amid the spate of recent phishing scams. ( read original story ...)

Posted on 19/01/2022

Singapore reports no serious side effects from Covid-19 jab among children aged 5 to 11

No serious suspected adverse events (AEs) associated with the Covid-19 vaccine have been reported for children between five and 11 years old as at Dec 31, said the Health Sciences Authority (HSA). ( read original story ...)

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