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Block or report the number as spam on the mobile application.Ĥ You can provide any information related to such scams by calling the Police hotline at 180, or submit it online at. Do not call the number provided by the caller. For example, do not respond to digital token authentication or OTP requests via phone calls if you did not initiate any internet/mobile banking transaction.Ĭ) Be suspicious of unsolicited messages or calls purporting to be from MAS or banks.ĭ) If you receive a suspicious call, hang up and report the call to MAS at.
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ģ Members of the public are advised to take the following precautions:Ī) Never disclose your internet/mobile banking or credit card details such as bank account user ID, passwords, Personal Identification Numbers (PINs) or One-Time Passwords (OTPs) to anyone through phone, email or SMS/messaging applications.ī) Do not authorise any suspicious authentication request. Refer to the Singapore Police Force’s recent advisory. There are also similar deceptive schemes where scammers pretend to be staff from banks and attempt to collect the same personal information from victims. The victim would then be asked to provide details of his or her bank account, internet banking user ID and password. The person receiving the call would typically be told that his or her bank account had been locked or suspended, and would be offered assistance to resolve the matter. They may also use MAS’ logo as the profile picture on Viber’ or ‘WhatsApp’. The calls may originate from local or overseas numbers and the perpetrators would use Caller ID spoofing technology to mask their actual phone numbers and instead, display an MAS contact number. MAS officers will never ask members of the public for personal banking information nor security login credentials.Ģ These fraudulent calls may be received as regular phone calls or via applications such as ‘Viber’ or ‘WhatsApp’. Anyone who receives such messages or calls should not disclose personal information including internet banking or credit card details, bank account username, Personal Identification Numbers (PINs) or One-Time Passwords (OTPs). Singapore, 25 February 2020… There have been fraudulent messages and calls to members of the public that impersonate MAS staff and request for personal or bank account information. World’s largest festival for the FinTech community to connect, collaborate and co-createįast track intellectual property protection through various initiativesĪ collaborative AI-driven global solutions hub to foster SME digitalisationįind out how Singapore can be a leading centre for Green and Sustainable Finance Industry collaboration that explores blockchain’s usage for Central Bank Digital Currency Understand the various initiatives for technology solutions and projects in Green Finance.
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World’s first open architecture platform for FIs to discover FinTechs and deploy solutions Various payment initiatives including SGQR, FAST and PayNow Sandbox relaxes regulatory requirements to enable live experiments of innovation Get funding on proof-of-concepts, hiring, business development and more Latest information on MAS’ FinTech strategy, initiatives and funding schemes