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DBS Introduces New “Mobile Wallets” Security Feature to Further Protect Customers From Phishing Frauds

Fintech Finance

In an effort to combat the rise of mobile wallet phishing, DBS Bank will launch a new “Mobile wallets” feature within DBS/POSB digibank app’s Payment Controls, preventing scammers from adding phished card details to their mobile wallets. million in losses from transactions made on scammers’ mobile wallets.