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375 OCBC customers double-charged for bill payments on AXS; bank says glitch resolved

Singapore News - A glitch at OCBC Bank that resulted in double payments of bills via the AXS app and website last week has been resolved, and all customers have been refunded. Customers who paid their bills using OCBC cards last Thursday (March 24) via the AXS mobile app m-Station and the. Read more at www.tnp.sg

Singapore
Cyrus-daruwala
Vincent-tan
Straits-times
Banks-and-financial-institutions
Payment-systems
Cbc

Singaporean impersonated US game developer chairman to buy $7m of cloud services for crypto mining

Singapore News - A Singaporean fraudster was given the credit card and personal particulars of about 70 individuals in exchange for forging United States driving licences for Dark Web users. The list included Mr Marc Merrill, the co-chairman of Riot Games, the famed video game developers. Read more at www.tnp.sg

California
United-states
Singapore
Californian
Singaporean
Merrill-amex
Jun-jia
Marc-merrill
United-states-department-of-justice
Amazon-web-services
Fraud-community
Singapore-police

POSB customers receive survey claiming to reward 500 customers with cash, air miles

Singapore News - Some POSB customers received a fraudulent e-mail that claimed to reward 500 customers with cash and air miles if they filled in a customer satisfaction survey. DBS Bank, which runs POSB, issued a statement on Friday (Feb 25) afternoon that the e-mail is a scam and urged. Read more at www.tnp.sg

Customer-satisfaction
Credit-debit-cards
Scams
Jobs
Banks-and-financial-institutions

DBS expects to fix shortcomings behind November outage over next few quarters: CEO

Business News - DBS expects it will be able to fix shortcomings identified after reviews of the bank's worst digital disruption in a decade, over the next few quarters. This is despite the bank being unable to recreate the circumstances of the incident. A malfunctioning access. Read more at www.tnp.sg

Singapore
Piyush-gupta
Bloomberg
Monetary-authority-of-singapore
Monetary-authority
Dbs
Banks-and-financial-institutions
Ceos

8 months' jail for man who cheated bank of $3m loan meant for share financing

Singapore News - As a favour, a man allowed his childhood friend to use his share financing account to get loans from a bank to trade shares. Joel Aloysius Choy, 37, signed several documents that falsely indicated he had control over the account, while his friend, Justin Goh Hanshi, 35, was. Read more at www.tnp.sg

Singapore
Josephine-chee
Sarah-thaker
Justin-goh-hanshi
Suhas-malhotra
Singapore-exchange
Sky-one-holdings
Aloysius-choy
East-asia
Central-depository-account
Sky-one
Public-prosecutors-suhas-malhotra

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