Association of Banks in Singapore
The Association of Banks in Singapore (ABS) is a non-profit organisation that represents the interests of the commercial and investment banking community. (Source: LinkedIn)
Why Singaporeans are okay with locking away over $4b of their money
Customers can only access ‘locked’ money with a physical card or by visiting a branch.
Why Singaporeans are okay with locking away over $4b of their money
Customers can only access ‘locked’ money with a physical card or by visiting a branch.
Singapore now has S$3.2b in funds ‘locked’ to prevent scams: ABS
Around 38,000 accounts now make use of local banks’ money lock feature.
ABS unveils industry guidelines for sustainable private banking
The industry group sustainability taskforce has also developed a training benchmark.
MAS unveils new measures against digital banking scams
Default transaction limit for online fund transfers must be set to S$5,000 or lower.
6 in 10 Singaporeans have high trust in banks
Only 5% have low trust in the banking industry.
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