Thursday, January 20, 2011

One token for all your banking transactions

One token for all your banking transactions
By Cheow Xin Yi, Alvina Soh | Posted: 20 January 2011 2002 hrs

SINGAPORE: Consumers may soon access multiple secure online services using a universal token as early as the second half of 2011.

Assurity Trusted Solutions, a unit of the Infocomm Development Authority of Singapore, is currently looking to roll out the service with service providers, such as banks, brokerages and government agencies.

Instead of multiple tokens, users will be able to use the universal token to perform secure transactions such as online money transfer.

Currently, each bank requires its own token for the process, leading to multiple tokens for those who have accounts with several banks.

To encourage service providers to come onboard, the Assurity Trusted Solutions will offer its services free for the first two years upon commercial availability.

The token will also be offered free to Singapore citizens and Permanent Residents above 15 years of age who are customers with the service providers.

- CNA/fa

- wong chee tat :)

HDB to launch three residential sites on Friday

HDB to launch three residential sites on Friday
By Mustafa Shafawi | Posted: 20 January 2011 1447 hrs

SINGAPORE: The Housing & Development Board (HDB) will launch three residential sites on Friday.

It said the 99-year leasehold sites can yield a total of about 1,670 housing units.

The sites are in Bishan Street 14, the junction of Sengkang Square & Compassvale Road, and Choa Chu Kang Drive.

The sites are being offered as part of the Government Land Sales Programme for the first half of this year.

HDB said the land parcel in Bishan, meant for condo housing, was first made available under the Reserve List on 30 November 2007.

Last Friday, a developer committed to submit a minimum bid of about $190 million ($189,831,390), so the land parcel will be put up for public tender.

The Government has placed 17 sites on the Confirmed List and 13 sites on the Reserve List for private residential development under the land sales programme for the first half of the year.

These 30 sites, which include four Executive Condo sites and two commercial & residential sites, can potentially yield 14,300 private residential units.

-CNA/ac

- wong chee tat :)

McAfee Endpoint Encryption for PC Demo Part 1



- wong chee tat :)