Singapore Regulators and Banks Review GIRO Payment System Safeguards

The Monetary Authority of Singapore (MAS) and local banks are undertaking a review of safeguards for the GIRO payment system, considering measures such as allowing customers to set monthly limits on transactions.

8 Apr, 06:56 — 8 Apr, 06:56

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channel-news-asiaMostly Factual131d ago

MAS and Singapore banks to review safeguards for GIRO payment system

The review will consider measures including allowing customers to set monthly limits on the value and number of GIRO transactions.

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Singapore Regulators and Banks Review GIRO Payment System Safeguards

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MAS and Singapore banks to review safeguards for GIRO payment system

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