Tuesday, 16 July, 2024
Singapore Banks Embrace Passwordless Authentication
![Singapore Banks Embrace Passwordless Authentication](https://d3vnc3w6v6jm99.cloudfront.net/singapore-banks-embrace-passwordless-authentication.webp)
Several banks in Singapore are transitioning away from traditional one-time passwords (OTPs) in favor of passwordless authentication methods. This shift aims to enhance security and user convenience by adopting modern authentication technologies. The move reflects a broader trend towards more secure and streamlined login processes, leveraging biometrics and other advanced authentication factors to combat phishing and credential theft effectively in the financial sector.
Read full story at Dark Reading