DBS, UOB become latest banks to restrict access if unverified apps are found on customers' phones

DBS, UOB become latest banks to restrict access if unverified apps are found on customers' phones

SINGAPORE — Local banks DBS and UOB are rolling out new anti-scam security measures that include restricting customers from accessing the banks’ digital services on their mobile phones if apps from unverified app stores — also known as sideloaded apps — are detected.

DBS, UOB become latest banks to restrict access if unverified apps are found on customers' phones

Both local banks said their new anti-malware security measures do not monitor phone activities, collect or store personal data.

UOB, DBS introduce new security features on banking apps to protect customers

The 2 new security features on its UOB TMRW banking app are aimed at protecting customers against malware-enabled scams. Read more at straitstimes.com.