Singapore banks announce the introduction of another service to customers.
To transfer money online now you can enter the account numbers, accounts in social networks.
Bank customers are encouraged to post to the account the user name or Twitter ID in Facebook. In this case, when the intra-Bank transfers through the system FAST customers can enter their own accounts.
A pilot version will launch in the first quarter of next year.
Analysts point out that banks had already developed a system for account access needed to enter the mobile phone number. Social networks — another step in this direction.
However, some experts argue that the main obstacle to innovation is the issue of security of personal information. The Indian experience, where he carried out such experiments showed that users do not always trust their banks to attach your own ID on the social network to the Bank account.
To the system FAST Singapore connected 20 local financial institutions, including major foreign banks like HSBC and Citi.
