The revision to the Banking Law eases this rule, pending case-by-case government authorizations, if the funds are directed toward enhancing financial services through the use of information technology.
More specifically, the service will launch in the second half of this year and can be used to handle credit card, loans and other banking applications online.
The voiceprint replaces PINs, one-time passwords, and security questions that the bank's contact centre requires.
A spokesman said the bank hired 600 people in Singapore last year, bringing its total headcount here to 10,300.
First bank to roll out voice biometrics authentication across the region targets 1,000,000 users in 12 months
Melos Sulicich, Managing Director & Chief Executive Officer of MyState Limited, commented, “Ensuring MyState continues to give our customers the best possible customer experience is at the heart of our principles.
Calastone managing director Australia, Sarah Hayward, said the firm's extended cross border coverage enables transactions between Australian and New Zealand platforms, fund managers and respective counterparts.
Vietnam's Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages, the same technique at the heart of February's massive theft from the Bangladesh central bank.