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.
Tag: FinTech
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.
DBS Foundation gives SGD 1 million to support financial and digital literacy for persons with disabilities
The DBS Foundation, which works to bring about social uplift through positive changes in business and communities, has tied up with SG Enable, the focal agency for disability and inclusion in Singapore, in order to accelerate financial and digital literacy for persons with disabilities.
ICC and NIUM call on cricket loving technologists to compete in ‘Next In’ Hackathon
The International Cricket Council (ICC), global payments platform, Nium, invites cricket-loving technologists to second edition of the Next In hackathon.
India’s RuPay Card issuance crosses 10,000 milestone in Bhutan
NPCI International Payments Ltd (NIPL), the wholly-owned subsidiary and international arm of National Payments Corporation of India (NPCI), said it has touched the milestone of issuing over 10,000 RuPay cards in Bhutan.
