DBS/POSB cardholders to get real-time control over security access to protect against fraud

Singapore

DBS has ramped up payments security for its 3.6 million debit and credit card holders with new features that give customers real-time control over their card accounts through the digital banking app, as part of efforts by the bank to curb fraudulent transactions.

This move comes amid rising fraud cases seen here in the past year, with peers OCBC and UOB also stepping up to combat crime and protect customers.