Addressing concerns of impersonators using NRICs to cheat banks, ABS said NRIC numbers alone cannot be used to make payment and fund transfers. - LIANHE ZAOBAO
SINGAPORE: Local banks and insurers are reviewing their use of NRIC numbers, and existing practices could change, they said in separate statements on Thursday (Dec 19).
Their statements came in the wake of security concerns over the disclosure of NRIC numbers in an updated version of Singapore’s business registry portal, run by the Accounting and Corporate Regulatory Authority (Acra).
