The survey, conducted by Haqdarshak and DBS Bank India, has revealed that 100 per cent of respondents in Madhya Pradesh; 95 per cent in Maharashtra; and 73 per cent in Rajasthan set aside a portion of their income as savings.

Singapore develops AI-driven hunting tools to stop digital scams and disrupt malicious websites

Artificial Intelligence (AI) and its cousin Machine Learning (ML) were harnessed by the Scam Analytics and Tactical Intervention System (SATIS), jointly developed by GovTech and the Home Team’s science and technology agency HTX.

Innovation in technology gets pride of place in Singapore Budget 2025, driving SG60 economic growth

The Singapore Budget 2025, presented by Prime Minister and Finance Minister Lawrence Wong, has put a particular emphasis on certain economic areas as being the drivers of SG60 growth. One of them is research and development (R&D) to promote innovation in technology.

Japan Airlines recovers from cyber-attack; announces resumption of flights from Dec 27

Japan Airlines said that there was no virus in its system or any customer data leaks resulting from the cyber-attack. It had first noticed the problem this morning (around 7.25am in Japan) when snags began to crop up in its luggage check-in system. Acting quickly, the carrier suspended all ticket sales — domestic and international — for the rest of the day.

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.

Singapore Police, banks work together to prevent 1,338 scams and avert SGD 53 million losses during Sept-Oct

The participating financial institutions are DBS Bank, HSBC Bank, OCBC Bank, Standard Chartered Bank, and UOB Bank. They worked with law enforcement, utilising Robotic Process Automation (RPA) technology to identify victims of job, investment, fake friend call, and e-commerce scams.

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.

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