SINGAPORE -- Bank customers in Singapore will need to use facial verification in an online process to approve their transactions, the country's financial regulator and banking association announced on Wednesday in an effort to prevent online phishing scams.
Cybersecurity
Singapore rolls out facial verification for online banking
Major retail lenders step up security measures to tackle phishing scams
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Facial verification is facilitated by Singpass, a national digital identity platform that enables users to securely access government and business services online. © Reuters
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