DBS Introduces New “Mobile Wallets” Security Feature to Further Protect Customers From Phishing Frauds
Fintech Finance
MAY 12, 2025
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. DBS has plans to continue to roll out these activities this year.
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