Fintech News Singapore

Singapore Says ScamShield Is Not Designed for Investment Background Checks

Singapore says ScamShield is not designed to help investors vet the people behind investment schemes. The anti-scam tool allows consumers to check, block and report suspected scam-related messages, websites and phone numbers. The clarification came in a parliamentary response on 7 October 2026. Monetary Authority of Singapore (MAS) board member Alvin Tan explained that information [...] The post Singapore Says ScamShield Is Not Designed for Investment Background Checks appeared first on Fintech

By Fintech News Singapore

1 min read
Singapore Says ScamShield Is Not Designed for Investment Background Checks
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