
Why Digital Token?
The Digital Token offers stronger protection for your account compared to SMS and Email OTP. Here's why:
- Reduced exposure to interception risks. SMS OTPs can be vulnerable to SIM-swap fraud, where scammers hijack your mobile number to receive your one-time passwords. Email OTPs carry similar risks if your email account is compromised through phishing or weak passwords.
- No dependence on network or email delivery. SMS OTPs can be delayed or fail to arrive due to network issues, while the Digital Token generates codes directly on your device, working even without mobile signal or internet access at the point of login.
- Device-bound security. The Digital Token is tied to your registered device, adding a layer of protection that's harder for bad actors to bypass remotely, unlike OTPs sent to a phone number or inbox that could potentially be redirected.
- Aligned with industry best practices. Many financial institutions are moving away from SMS and Email OTP toward app-based authentication, as regulators and security experts increasingly flag OTP-based methods as a weaker link in account protection.
What You Need to Do
If you have not yet registered for the Digital Token, please do so before 01 October 2026 to avoid any disruption to your account access. If you have already set up your digital token, no further action is required from you.
How To Set Up Your Digital Token
Step 1 – Download the latest FSM Mobile APP
Click here for iOS (Apple), Google Playstore (Android), or Huawei App Gallery
Step 2 – Login to FSM Mobile App
Step 3 – Go to Menu on the bottom right hand corner.

Step 4 – Go to App & Security Settings, click on Digital Token

Step 5 – Follow the instructions to register your Digital Token

Step 6 - Click Proceed

Step 7 – Click Next

Step 8 – Click “Register Digital Token”

Step 9 – Check that your device is listed here
Need Help?
If you run into any issues during registration, please reach out to our customer service team clienthelp@fsmglobal.sg and we'll be happy to assist.
Alternatively, you may visit our office at Singapore Land Tower, 50 Raffles Place, #36-01 to set-up the digital token.
