Singapore - page 5

Monetary Authority of Singapore Presents Initiatives for Digital Money
Finance & Economics

Monetary Authority of Singapore Presents Initiatives for Digital Money

The Monetary Authority of Singapore (MAS) has unveiled several initiatives that have been developed to ensure the achievement of such a goal as the safe and responsible use of digital money in this country.

OCBC Bank Rolls Out Internal Generative AI Chatbot
News

OCBC Bank Rolls Out Internal Generative AI Chatbot

A generative artificial intelligence (AI) chatbot will be available to OCBC’s 30,000 employees globally in November to assist them with writing, research and ideation.

Grab Launches Web3 Experiences Powered by Circle
Blockchain & Crypto

Grab Launches Web3 Experiences Powered by Circle

South-East Asian super-app Grab has enhanced its services with a Web3 offering supported by the USDC issuer Circle

QR Code Payments to Grow 590% in Southeast Asia by 2028: Research
News

QR Code Payments to Grow 590% in Southeast Asia by 2028: Research

A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.

Payoneer Singapore Receives MAS License
News

Payoneer Singapore Receives MAS License

The new license will enable Payoneer Singapore to enrich the scope of its products and roll out several new services in the country

MAS to Eliminate Corporate Cheques in Singapore: Timeline Revealed
Finance & Economics

MAS to Eliminate Corporate Cheques in Singapore: Timeline Revealed

The Monetary Authority of Singapore (MAS) quotes the rising cost of cheque processing as the main reason for abolishing corporate cheques as a payment instrument altogether

Foodpanda Partners TabSquare for AI-Powered Restaurant Solutions
Science & Technology

Foodpanda Partners TabSquare for AI-Powered Restaurant Solutions

Restaurant owners in Singapore, Taiwan, Malaysia, and the Philippines will be the first to enjoy the benefits of AI-enabled predictive analytics and QR code ordering

Singapore Becomes Command Center for ASEAN Fintech: Report
News

Singapore Becomes Command Center for ASEAN Fintech: Report

PwC Singapore, Singapore Economic Development Board (EDB) and Singapore FinTech Association (SFA) revealed the growth trends of the financial technology industry in Singapore

Singapore Tells Crypto Platforms to Keep Client Money in Trust
News

Singapore Tells Crypto Platforms to Keep Client Money in Trust

In Singapore, local authorities intend to require cryptocurrency exchanges to implement the practice of storing client assets in trust management as part of their activities.

Travel Tech UTU Raises $33M to Promote Tax-Free Shopping
Fintech & Ecommerce

Travel Tech UTU Raises $33M to Promote Tax-Free Shopping

Part of Series B funding was used by utu to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to users

Singapore Fines Firms Over Wirecard Payments Scandal
Society & Lifestyle

Singapore Fines Firms Over Wirecard Payments Scandal

In Singapore, the local financial regulator has decided to impose a penalty in the form of a fine against four companies that are involved in the scandal related to the Wirecard payment firm.

Siemens to Invest €2 Billion to Boost High-Tech Plants
News

Siemens to Invest €2 Billion to Boost High-Tech Plants

Siemens AG will direct investments in the amount of €2 billion to expand high-tech production.

WhatsApp Launches Channels Feature for Broadcast Messages
Science & Technology

WhatsApp Launches Channels Feature for Broadcast Messages

Meta announced the introduction of a broadcast-based messaging feature in WhatsApp, which is called Channels.

MAS and Google Cloud Collaborate on Generative AI
News

MAS and Google Cloud Collaborate on Generative AI

The Monetary Authority of Singapore (MAS) established a partnership with Google Cloud to explore potential formats for the use of generative artificial intelligence.

Credit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili
Finance & Economics

Credit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili

A Singapore court has ordered a unit of Credit Suisse Group AG to pay billionaire Bidzina Ivanishvili $926 million.

Lazada Enhances Online Shopping With ChatGPT
Fintech & Ecommerce

Lazada Enhances Online Shopping With ChatGPT

One of the largest e-commerce operators in Southeast Asia – Lazada – introduced a ChatGPT-powered chatbot called LazzieChat to help users optimize their shopping experience