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THIS is the dawn of a new era for Singapore's payments system. As part of its Smart Nation vision to become "a leading economy powered by digital innovation", the government has been working on a range of initiatives to digitise payments.

SUCCESSFUL social welfare policies distinguish between routine life-cycle demands and unpredictable events. Successful policies encourage people to prepare for routine events by saving and insuring. The government remains the insurer of last (not first) resort by building financial and other buffers to stand ready to help deal...

AS DBS ramps up its customer engagement efforts through the use of technology, it has seen call volume to its customer centre in Singapore drop 12 per cent over the last year, the bank said on Thursday.

A SUCCESSFUL experiment by the Monetary Authority of Singapore (MAS) and the Bank of Canada using central bank digital currencies and distributed ledger technology (DLT) could make cross-border and cross-currency payments cheaper, faster and safer.

MUCH has been written about the transformation of DBS, but less known is the role its finance team plays in formulating and directing the strategies which have propelled the group into the ranks of Asia's leading banks.

SINGAPORE-BASED corporate services provider In.Corp Global has acquired RHT Corporate Advisory, RHT Holdings' corporate advisory business. Both firms declined to disclose the value of the acquisition.

OUT of S$2.8 billion in foreign exchange (FX) fees paid by Singapore annually, 71 per cent or S$2 billion is hidden in exchange rate mark-ups, a new study commissioned by TransferWise has found.

A SUCCESSFUL experiment by the Monetary Authority of Singapore (MAS) and the Bank of Canada using central bank digital currencies and Distributed Ledger Technology (DLT) could bring great potential to make cross-border and cross-currency payments cheaper, faster and safer.

THE Canadian investment fund that manages assets for Ontario’s public sector is looking towards Singapore to set up its regional headquarters, as it seeks to boost its portfolio in Asia in the next few years.

AT the Singapore Fintech Festival in November last year, Christine Lagarde, managing director of the International Monetary Fund (IMF), called on the world's central banks to consider issuing digital currencies.