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DBS, UOB to continue offering physical tokens on request

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Published Fri, Jan 7, 2022 · 12:00 PM

    DBS and UOB have separately said they will continue to offer physical security tokens to customers, in response to queries from The Business Times on Friday (Jan 7).

    This comes after OCBC's latest decision to halt its move to phase out hardware tokens - previously slated for end-March 2022 - amid the sharp rise in online fraud involving the bank last month.

    DBS had stopped issuing physical tokens since February 2021 and fully phased out the use of these tokens in April 2021.

    DBSDigital bankingUOBCybersecurity

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