SFV will be triggered in higher risk scenarios to strengthen and complement existing authentication methods for DT setup.
Tag: Singapore Banks
Singapore banks to gradually replace OTP with digital token for login
This will better protect them against phishing scams, which were among the top five scam types last year, with at least SGD 14.2 million lost to these scams, as per the Singapore Police Force Annual Scams and Cybercrime Brief 2023.
