Even as companies replace human employees with Artificial Intelligence, validating fears of “AI will take our jobs”, new jobs are being created in the field of Artificial Intelligence itself.
A BBC report on DBS said: “The bank’s outgoing chief executive Piyush Gupta also said it expected to create around 1,000 new AI-related jobs.”
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
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.
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.
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 has seen substantial returns on its investments in the US and in India, in contrast to the relatively weak RoI from China.
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.
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.
Citing the example of digital payments in India, the UN report said that advances in fintech had facilitated financial inclusion.
The strategic partnership aims to further cement the collaboration between MAS and Mastercard in bilateral information sharing of cyber-threat intelligence.
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