Banks in Singapore - Do They Reimburse Losses from Scams and Fraud?
This framework establishes a clearer process for determining how losses from phishing scams are shared between banks, telcos (telecommunication companies), and consumers. It aims to strike a balance between encouraging responsible consumer behavior and incentivizing financial institutions and telcos to invest in robust anti-scam measures.
https://www.smart-towkay.com/b....log/view/406-banks-i
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