Singapore

Why banks must act fast on quantum threat

Why banks must act fast on quantum threat

The financial cost of delay would be roughly 2.5% of the information technology budget.

Why AI governance is a key priority for financial institutions

MAS recently released its guidelines on AI risk management.

Finance leaders flag governance risks with fast growing fintech systems

Finance leaders discuss macroeconomics, AI, new forms of money, policy sustainability, and more.

Paytm tests AI-powered POS device for merchant performance insights

Merchants in India tested the tool, often using it for real-time translation.

Western Union and TenPay Global launch co-branded store in Singapore

The two are partnering to bring an omni-channel remittance experience.

MAS, Bundesbank agree to deepen cooperation on tokenised payments

It aims to create new settlement solutions that reduce the costs and processing times of cross-border payments.

Central banks trial real-time cross-border FX settlement system

A key focus is enabling atomic settlement for Payment versus Payment (PvP) FX trades. 

Fintech leaders urge unified standards as digital payments stay fragmented

Developers face incompatible payment systems across providers.

How big finance players bolster defences with AI as scams surge

Despite tech advancements, human behaviour remains the dominant vulnerability.

Why banks leverage AI to bridge legacy systems with modern payment rails

These can unlock legacy data and facilitate real-time payments.

‘Trust’ will anchor AI-driven global trade networks—financial experts   

However, building trust continues to be a constant challenge for the industry.

Singapore to trial tokenised MAS Bills using central bank digital currency

The move follows the first live interbank settlement using wholesale digital currency.

DBS, Ant International deepen ties to enhance cross-border payments

DBS PayLah! users will soon be able to make payments at Alipay+ merchants.

Visa Inc. launches pilot to send payouts to stablecoin wallets

The system aims to speed up global payments and provide quicker access to funds.

From apps to ambient: banks urged to embrace 'invisible finance'

Industry players are integrating services into everyday devices and platforms.