DBS Introduces Mobile Wallet Toggle to Help Prevent Phishing-Linked Fraud
Fintech News
MAY 11, 2025
DBS Bank will roll out a new Mobile wallets control in its DBS/POSB digibank app from mid-May to help prevent scammers from adding stolen card details to mobile wallets. Customers who wish to add their DBS/POSB cards to a mobile wallet must first enable the toggle in the apps Payment Controls. The feature will be turned off by default.
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