Financial Services
SMU arm, TechFin to launch Web 3.0 programme to address fintech talent gap
SMU arm, TechFin to launch Web 3.0 programme to address fintech talent gap
They will roll out the programme at the end of January.
FinTech firm Pilon raises $6.88m in seed round
The fund will be used to improve its product offerings and operation expansion.
Knowledge gap, lack of action behind failure to follow accounting standards: ACRA
There were 23 non-compliance cases in 12 financial statements reviewed.
AI, big data amongst trends in banks: Maybank
Investments in AI are at an accelerating pace for DBS, UOB, and OCBC.
Banks in the Lion City have been deploying AI and big data at an accelerating...
Over US$14.6m funds stolen through crypto fraud
SG is the 9th most targeted market by fraudsters.
MAS issues 8-year prohibition order vs Ex-insurance firm representative
This after he was convicted for cheating offences.
Chart of the Day: Cards are top payment method in e-commerce
It accounts for 41.4% of the e-commerce market.
Analyst sees banking ROE improvement due to NIM expansion
RHB said there will be tailwinds from hikes in federal funds rate.
9 in 10 finance professionals say open banking is a key part of a bank’s landscape
More than half said it’s now a “must-have” for banks.
MAS slaps former UOB representative with 15-year prohibition orders
The court convicted Han Delong of criminal breach of trust, amongst others.
3 ways Singaporean investors are battling inflation
Investors said inflation is the main challenge in pursuing their new goals.
DBS extends $23m grant money to 23 enterprises
Of this, 8 were small and medium enterprises.
Why cloud adoption is key for accounting firms
Research from Xero found that cloud adopters earn higher per client at $7,852.
Over 75% Singaporeans ‘definitely’ want better online banking services
The majority of Singaporeans now use mobile apps for bank services.
DBS Bank, J.P. Morgan partner to develop retirement proposition customers in SG
This will be for the five million DBS/POSB customers.
Hungry for money: 6 in 10 millennials will work more to increase their wealth
They are even willing to compromise their relations to maximise their riches.
SG, UK deepen financial partnership
The parties agreed to collaborate on sustainable finance, amongst others.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape