Financial Services
Bill allows police to restrict funds transfer for scams
The restriction will last 30 days.
SG, China deepen cross-market ties in green finance and investments
The collaboration aims to boost international investment interest.
Cost pressures push more middle-income young adults into debt
Loan applications from young adults have risen 140% over the last two years.
SBF banks on rebranding to double corporate partnerships
It will develop relevant programmes that can support SMEs.
Corporate roles gain ground in finance as demand for tech experts dips
FinTechs foresee a 4% drop in demand for tech experts.
GFTN appoints Ravi Menon as chair, names diverse board members
The deputy managing director of MAS is also part of the board.
Singapore captures 53% of APAC fintech funds in 9M
It raised US$745m.
Ant International streamlines AI for secure, cost-effective cross-border transactions
The initiative is designed to help merchants.
APIX and SBI launches innovation hub for startups
It aims to drive financial innovation and digital transformation.
Visa and Tencent pilot palm payments in Singapore
The pilot will involve DBS, OCBC, and UOB Visa cardholders.
OCBC taps LTA for blockchain payment pilot in construction projects
Over S$22m has been disbursed under the pilot.
Banque de France, MAS completed post-quantum cryptography trial
The technology aims to protect data from cybersecurity threats posed by quantum computing.
DBS issues green loan for Rexus Bioenergy’s biomass plant in Jurong
The facility will be completed in H2 2026.
Bank Indonesia and MAS extend bilateral financial arrangement to 2027
The arrangement consists of two agreements.
Singapore unveils national anti-money laundering strategy
It will centre on prevention, detection, and enforcement.
MAS fines Atrium Asia Investment $1.9M for AML/CFT compliance breaches
It breached the requirements from June 2015 to October 2020.
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