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SingPass to be upgraded to NRIC's digital equivalent
Move will allow it to secure high-risk online transactions such as bank account openings
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The upgrade will in effect transform the 17-year-old technology into the digital equivalent of the pink NRIC.
PHOTO: SCREENGRAB FROM SINGPASS WEBSITE
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National authentication system SingPass is undergoing an extensive upgrade that will allow it to secure high-risk online transactions such as bank account openings or fund withdrawals and transfers.
The upgrade will in effect transform the 17-year-old technology into the digital equivalent of the pink NRIC, putting Singapore on the world map for being among the first to do so.
