Forums Blogs Marketplace. Prev 1 2 Next Page 1 of 2. Recommended Posts. Macross1 0. Neutral Newbie June 9, Anyone knows how that thing works? Wondering how the thing works Enlighten me someone.
Share this post Link to post Share on other sites. Baconseet 0. Its not exactly with timing.. The one the banks are using is just a sequence of numbers generated with a certain algorithm.
Nhrisuzu Sabian 9, Turbocharged June 9, Redplanet Clutched June 9, Pippo20 3. Solar 10, Turbocharged June 10, Corgan 4. Neutral Newbie June 10, Citibank's HP method is indeed more use friendly. No need to bring the dongle around. Ccssgm Ultramega The bank said the digital token saves users the hassle of having to replace physical tokens that usually run out of battery after around five years. The bank started progressively replacing the use of physical tokens with the digital version three years ago.
DBS on Wednesday Jan 20 said that a "large majority" of its active digital banking users are already using the digital token. It is not known how many users are still using the bank's physical token.
DBS has more than three million mobile banking users in total. DBS head of consumer banking Jeremy Soo said feedback has been positive, with customers appreciating the "added convenience" of the digital tokens. UOB was the first bank here to introduce digital tokens to customers in , while OCBC launched its digital token in UOB and OCBC stopped issuing physical tokens in and respectively, although both banks said customers can still request for physical tokens should they want to.
Guides on how DBS customers can set up their digital token can be found here. Join ST's Telegram channel here and get the latest breaking news delivered to you. Related Topics bank technology finance Advertisement. Expand to read the full story. This browser is no longer supported. Upgraded but still having issues? Contact us.
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