A Singapore Police media release said: “In this scam [PayNow] campaign, victims would receive a text message stating – ‘Pay Now: Your certificate expires in 3 days. Renew it now at
Tag: FinTech
Singapore FinTech Festival 2024 attracts 65,000 participants from 134 countries and regions; makes big plans for 2025
More than 3,400 government and regulatory attendees across 665 central banks, regulatory institutions, and government organisations participated in the ‘Regulation Zone’. Key discussion areas included Artificial Intelligence (AI) solutions, quantum research and finance, cross-border data flow, and digital asset growth.
MAS announces finalists for 2024 Global FinTech Hackcelerator and FinTech Excellence Awards
This year’s competition aims to advance the development of suitable financial products and tools that can improve financial health. This can be an important enabler to empower individuals and businesses to manage resources effectively to build financial resilience.
Singapore Police recover USD 40+ million in joint ops with Interpol and Timor-Leste
The scam victim, a commodity firm based in Singapore, lodged a police report stating that it had fallen prey to a case of business e-mail compromise scam.
Temasek plans USD 30bn investment in health, fintech, and other sectors in American market
Temasek has seen substantial returns on its investments in the US and in India, in contrast to the relatively weak RoI from China.
MAS commits SGD100m more to support AI and quantum tech in Singapore financial sector
The Financial Sector Technology and Innovation Grant Scheme was introduced by MAS in June 2015; it was designed to support the creation of a vibrant ecosystem for innovation in the Singapore financial sector.
Singapore and UK hold 9th Financial dialogue, bolster partnership in fintech and sustainable finance
The UK and Singapore renewed their commitment to engagement beyond the Dialogue through a series of roadmap engagements to explore further cooperation in sustainable finance and fintech and innovation, ahead of the next Financial Dialogue due to be held in the UK in 2025.
Hello, India: Growing MNC interest keeps investment strong, says UN report
Citing the example of digital payments in India, the UN report said that advances in fintech had facilitated financial inclusion.
Singapore central bank and Mastercard join hands for cybersecurity in financial services
The strategic partnership aims to further cement the collaboration between MAS and Mastercard in bilateral information sharing of cyber-threat intelligence.
Singapore: FinTech startup Rently announces launch, vows to reduce financial barriers for tenants
By handling a tenant’s rental deposits on their behalf, Rently will not only reduce financial barriers for tenants, but also streamline the rental process, making it more accessible and convenient to the wider community. As per the company, this facility is the first of its kind in Asia Pacific.
