Asian banks develop blockchain-based customer identity platform

OCBC Bank, HSBC, MUFG, IMDA complete proof-of-concept KYC blockchain — Digital News Asia — “The KYC [Know Your Customer] blockchain – running on a Distributed Ledger Technology (DLT) platform which enables structured information to be recorded, accessed and shared across a distributed network using advanced cryptography – allows banks to collect, validate and share customer information – with the customer’s consent – accurately, efficiently and in a secured manner.”



Singapore commuters get NFC payments

LTA

Customers of mobile network operators M1, Singtel and StarHub can now pay for journeys on public transport services in Singapore with a tap of their NFC device as a result of a partnership between the Land Transport Authority (LTA), Infocomm Development Authority of Singapore (IDA) and transport card issuer EZ-Link. More





IDA demos NFC ‘smart shopping’ service

Singapore IDA

Singapore’s Infocomm Development Authority (IDA), the government agency tasked with implementing a national NFC infrastructure for Singapore, is demonstrating a number of “rich mobile NFC services” at the imbX tradeshow in Singapore... More



Singapore issues request for proposals for national NFC TSM

Singapore IDA

IDA, the government agency tasked with implementing a national NFC infrastructure for Singapore, is requesting proposals from consortiums to create and manage a next-generation open trusted third party infrastructure that all the country’s banks, transport operators and other service providers could use to deliver NFC services. More






Feed for stories featuring Infocomm Media Development Authority of Singapore (IMDA).

• Find a list of all the companies and other organisations that have been featured in NFC World in our directory.