Featured

A TOKEN-BASED solution that lets consumers transact using their smart devices - even without bank accounts - and devised by a company that has its roots in the paper-money business, is one of three winners in an international CBDC (central bank digital currency) competition organised by the Monetary...

THE Network for Electronic Transfers (Nets) has appointed Sunny Quek and Melvyn Low to its board of directors, effective Nov 1, it said in a press statement on Thursday (Nov 11).

DIGITAL securities exchange ADDX is working with Japanese financial services company Tokai Tokyo on security token issuances by Japanese real estate companies and banks.

ALTERNATIVE assets are an increasingly bright spot in Singapore's asset management industry, with significantly higher growth rates than traditional assets - albeit on a relatively low base.

CRYPTO exchange Huobi Global will close the accounts of all its Singapore-based users on Mar 31 next year. Services to these users will also be gradually phased out prior to that date.

FUNDING for financial technology (fintech) startups in Asean more than trebled to hit a record US$3.5 billion in the 9-month period this year, exceeding 2020's full-year figure of US$1.1 billion.

CRYPTO exchange Huobi Global will close the accounts of all its Singapore-based users on Mar 31 next year. Services to these users will also be gradually phased out prior to that date.

A TOOLKIT that helps financial institutions improve fairness of their marketing practices, an open-source governance framework for building reliable and fair machine learning models, and a solution to mitigate credit scoring biases were the 3 "responsible artificial intelligence (AI)" solutions that won the Monetary Authority of Singapore's (MAS)...

CLIMATE-CONSCIOUS consumers looking to track their carbon footprint will soon be able to do so using UOB's carbon insights tool that churns out personalised data based on one's spending and saving behaviour.

CLIMATE-change fears in an increasingly digital world have opened up fresh opportunities to marry tech and sustainability to tackle challenges in green finance.