Tag: Singapore
Singapore expands COSMIC as financial crime risks evolve
Singapore is expanding its approach to financial crime detection through COSMIC, a collaborative information-sharing platform designed to help banks identify suspicious activity across institutional...
MAS makes banks answerable for third-party AI risk
Singapore's financial institutions can no longer treat outsourced AI as somebody else's problem. The Monetary Authority of Singapore (MAS), the city-state's central bank and...
FOMO Pay taps Sumsub as AI fraud surges across APAC
FOMO Pay has partnered with Sumsub, an AI-driven trust infrastructure provider for large-scale compliance operations, to reinforce its compliance capabilities as it grows across...
dtcpay grows Series A to $25m with SBI Group backing
dtcpay, a Singapore-headquartered payment services company that bridges stablecoins with traditional finance, has extended its Series A funding round to $25m after welcoming Japan's...
APAC firms face growing gap between AI adoption and accountability
New research from Sumsub and the Singapore FinTech Association finds a widening gap between how much organisations rely on AI and their ability to...
Why CPF providers can’t ignore the currency question
CPF lifecycle schemes can invest globally, but the retirement outcomes they are built to deliver are measured in Singapore dollars.
That mismatch, Kidbrooke argues in...
Singapore’s MAS proposes stablecoin legislative changes
The Monetary Authority of Singapore (MAS), the central bank and integrated financial regulator, has opened a public consultation on legislative changes intended to bring...
Why CPF lifecycle models risk getting age 55 wrong
Kidbrooke has warned that lifecycle investment models built for Singapore's Central Provident Fund (CPF) scheme could be producing dangerously misleading attainment figures, unless they...
Singapore moves to tighten anti-scam laws
Singapore's Ministry of Home Affairs has introduced the Scams (Countermeasures) and Other Matters Bill, tabled for its first reading in parliament on Tuesday, in...
HSBC expands AI strategy with Singapore centre of excellence
HSBC is expanding its artificial intelligence capabilities with plans to launch a Global AI Centre of Excellence in Singapore in the second half of...










