Archive
Rising Scam Losses Epidemic a Growing Concern for Digital Payments
The advent of digital payments and transactions has undoubtedly transformed the way we conduct financial transactions, making our lives more convenient and efficient. However, this digital revolution has also given rise to an alarming surge in digitally-enabled scam scenarios and
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FIDO Alliance: Singapore Leads in Biometrics Adoption
In today’s increasingly connected world, the security and sanctity of our digital identities stand at the crossroads. As countless transactions and interactions shift online, our need for robust and reliable authentication measures has never been more pressing. Within this vast
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UOB on Track to Achieve Net Zero by 2050
UOB today released its first net zero progress report, showing that the bank is on track to meet its 2050 net zero target. The report shows that the bank has reduced emissions intensities across all five of its focus sectors:
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Japan’s SBI and UBS Complete Tokenised Fund Pilot
SBI Digital Markets, the digital asset arm of Japanese conglomerate SBI Group, and UBS Asset Management have completed a technical pilot for the issuance and distribution of a tokenised Variable Capital Company (VCC) fund. This is a part of the
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MAS Takes Step Towards More Interoperable QR Payments With SGQR+ Pilot
The Monetary Authority of Singapore (MAS) will launch a proof of concept (POC) for a new QR payment system called SGQR+. The POC will explore the feasibility of enabling merchants in Singapore to accept QR payments from a variety of payment
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MAS’ Ravi Menon Calls for Collective Action to Tackle Insurance Gaps
Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), highlighted critical issues surrounding Asia’s insurance protection gaps in a keynote address at the 19th Singapore International Reinsurance Conference. Menon emphasised the significant data gaps in Asia’s insurance landscape
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5 Wealth Management Fintechs Making Waves in Singapore
Singapore, renowned for its forward-thinking and proactive approach, has once again demonstrated its commitment to maintaining a leading edge in the financial sector with the unveiling of the refreshed Financial Services Industry Transformation Map (ITM) 2025. A core focus of
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How Do You Hedge in CFD Trading?
Hedging is an indispensable strategy in financial markets that serves to mitigate risk. When employed correctly, hedging can protect investors against unexpected market downturns. In this article, we delve deeper into CFD trading hedging practices, their intricacies, methodologies, and any
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Thailand’s KBank Buys 97% Stake in Crypto Exchange Satang, Renames It Orbix
Thailand’s KASIKORNBANK (KBank) has acquired a 97% stake in the parent firm of crypto exchange Satang for 3.705 billion Thai baht (US$102.8 million). The bank intends to rename the crypto exchange to Orbix Trade Company, according to a filing to the Stock
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Abe Kuruvilla Takes the Helm as CTO at ACI Worldwide
Real-time payments software provider ACI Worldwide announced that it has named Abe Kuruvilla as its Chief Technology Officer. In this role, Kuruvilla will lead ACI’s innovation agenda, optimising the way the company develops and delivers its software solutions globally to
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