Singapore Empowering Digital Payment Security
MAS introduces substantial amendments to the Payment Services Act, expanding regulatory scope and implementing user protection measures to fortify Singapore’s payment ecosystem, bolstering trust and security in digital transactions.
COSMIC: Singapore Strengthens Global Financial Security
MAS introduces COSMIC, a centralised digital platform, to enable financial institutions worldwide to exchange customer information securely, bolstering efforts to combat money laundering and terrorism financing.
Vietnam Embracing Digital Payments
The rapid transition towards a cashless society, driven by government policies and innovation, is reflected in a surge in digital payment adoption and supported by a competitive landscape among tech firms.
Sustainable Solutions: Singapore’s Innovative Approach to Finance
Singapore leads in sustainability, utilising innovative finance strategies and technology, while stressing the need for urgent collective action to achieve net-zero emissions by 2050.
HKSTP Partners to Catalyse Fintech Growth
The partnership aims to drive innovation and enhance collaboration within Hong Kong’s fintech ecosystem, marking a pivotal step forward in fostering technological advancement and bolstering the city’s digital economy aspirations.
Exclusive! Financial Institutions and AI: Power of Large Language Models
AI advancement empowers financial institutions to stay competitive, adjust to dynamic market conditions, and offer personalised and efficient services to their clients.
Singapore: Tech Transforming Alternative Investments
The transformative impact of AI and technology on alternative investments emphasises their role in driving innovation, sustainability, and efficiency, while also urging careful consideration of their implications for employment and skills.
Singapore: Elevating Consumer Protection and Experience
In response to the challenges of the digital era, organisations and government agencies must intensify collaborative endeavours, harnessing cutting-edge tech to ensure the effective provision of services and the robust safeguarding of customers.
Vietnam’s Fintech Frontier: Unlocking Digital Transactions
The nation’s digital payment landscape undergoes a surge driven by internet and mobile banking and fintech innovations, propelling a shift towards a cashless society and the nation towards regional digital finance leadership.
The Cashless Payment Revolution Driving Vietnam’s Digital Economy
Vietnam’s rapid adoption of digital payment methods, driven by government policies and innovative initiatives from banks and tech companies, reflects a transformative shift towards a cashless society, propelling the nation’s digital economy forward.
Thailand Empowering Safe Online Transactions
The ETDA launched a project to enhance Thai citizens’ awareness of online issues, aiming to upgrade skills and create informed consumers for secure online transactions, emphasising the importance of digital safety and managing online threats.
Financial Inclusion: Federated Learning for Hong Kong SMEs
STRI has deployed Federated Learning to enhance SME finance access in Hong Kong, streamlining processes and supporting economic growth and inclusion initiatives within the region’s financial sector.
Changing Consumer Patterns Propel Digital Payments in Vietnam
Vietnam’s Commercial banks are promoting cashless transactions before Tet through innovative initiatives, reflecting a broader trend towards digitalisation in the nation’s financial landscape.
Quantum Computing Reshaping Financial Sector in U.S.
The U.S. has marked a collaboration involving experts from academia, industry, and government, addressing challenges in optimisation, machine learning, and stochastic modelling, aiming to redefine the financial landscape and providing new possibilities as the sector navigates increasing complexity and data-driven challenges.
Vietnam’s Soaring Digital Payments Journey
Vietnam is undergoing a financial transformation and the integration of banking services across sectors, mobile app versatility, and regulatory adaptations for non-cash payments, align with the government’s digital transformation directives.
Philippine Central Bank Advances Financial Inclusivity
The Bangko Sentral ng Pilipinas boosts financial inclusivity by integrating Non-Bank EMIs into PhilPaSS Plus, facilitating direct access for seamless, secure transactions; showcasing a commitment to diversify and safeguard the national payment system.
China Implements Tech-Centric Financial Strategies
Beijing takes strides in financial innovation with a focus on technology, implementing strategies to integrate finance and tech; aligning with a vision to fortify economic development through a dynamic fusion of financial capabilities and technological advancements.
Cultivating Hong Kong’s Innovation Ecosystem
OASES and ITC join forces to drive Hong Kong’s Innovation and Technology (I&T) agenda, fostering a vibrant ecosystem by addressing funding, talent, and strategic enterprise concerns, aligning with the vision to position Hong Kong as a global I&T hub.
Catalysing Financial Inclusion and Economic Growth in the Philippines
PhilSys’s digital IDs drive financial inclusion, evident in mobile wallet verifications, and contribute to Central Luzon’s robust economic growth, showcasing the profound impact of digital initiatives in the Philippines.
The Meteoric Rise of Digital Transactions in India
India’s monumental surge in digital transactions, rising from 20.7 billion to 134.6 billion in FY 2022-23, reflects a transformative journey fueled by innovative technology and collaborative efforts, promising a more inclusive, secure, and accessible financial landscape.
Digital Transformation Reshaping Vietnam Banking
The national banking sector is moving forward in the digital era, with substantial investments in transformation, pioneering digital platforms, and collaborative strategies to surmount challenges and foster a robust, interconnected digital ecosystem.
Digital Transactions for Climate-Resilient Future in the Philippines
The Philippines joins the global call for improved climate resilience through inclusive digital financial systems; expediting payments to disaster-affected communities ensures individuals are connected wherever they are.
NTU Pioneering FinTech Education
The university responds to industry demand by introducing a Bachelor of Applied Computing in Finance, blending tech and financial expertise to cultivate future-ready graduates for the evolving financial sector.
Vietnam’s Mobile-Money Pilot Expansion
The government has extended the trial period for the use of telecom payment accounts, known as Mobile-Money services, until December 2024 due to a large uptick of users, particularly in rural areas.
Revolutionising Cross-Border Transactions Between Singapore and Malaysia
The initiative introduces a real-time payment linkage between Singapore’s PayNow and Malaysia’s DuitNow, revolutionising cross-border transactions and enhancing financial connectivity.
Hong Kong: Digital Bridges for Fintech Advancements
Through an extended MoU, the HKMA and FSRA strengthen their collaborative stride, aiming to leverage fintech innovations and cross-border data exchange for empowering SMEs and advancing financial services.
Singapore Advances Digital Currency Era
The unveiling of the Orchid Blueprint marks a strategic roadmap in Singapore; ushering in tangible advancements and solidifying Singapore’s position at the forefront of global financial innovation.
Singapore’s Project MindForge for Responsible Financial AI Innovation
MAS pioneers a comprehensive risk framework for Generative Artificial Intelligence (GenAI) in finance, aiming to guide its responsible integration while ensuring innovation.
Singapore Empowering Global Fintech Innovation
SFF 2023 emerges as a pivotal global platform, centring on AI’s transformative impact in fintech, addressing opportunities, risks, and fostering collaborative discourse among industry leaders for a secure and innovative financial future.
Exclusive! Adopting Generative AI: Transforming Financial Service Efficiency and Productivity
Gaining a competitive edge through leveraging data to help unlock new levels of productivity, performance and speed for greater business value.
