FIS
FIS is an American multinational corporation which offers a wide range of financial products and services. It offers its solutions in three primary segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions.
3 in 10 of Singaporean consumers oppose banks’ use of GenAI
3 in 10 of Singaporean consumers oppose banks’ use of GenAI
Consumers cited concerns over data security and potential fraud.
6 in 10 firms rank financial risk as a top concern
Almost half of firms expect financial risk to affect their operations in the next 12 months.
6 in 10 firms mull increasing budget for AI, Generative AI next year
In Singapore, 51% and 57% of firms are using such technologies, respectively.
Buy now, pay later to make up 8% of e-commerce transactions in 2025: FIS
Digital payment methods chip away at card use and bank transfers.
Buy now, pay later (BNPL) market is projected to grow at a compound annual growth rate (CAGR) of 40% through 2025 to become the fastest growing online payment method in Singapore, reports FIS.
Drone deliveries? 53% of S'poreans say they are interested
It is the most popular amongst Gen Zs.
7 in 10 capital market firms to focus on risk management: survey
37% of firms said they identified new demands on risk management.
Commentary
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To outsmart modern fraud, we must first know the enemy