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Banks in Singapore begin sharing data to combat financial crime
April 1, 2024 by Eileen Yu
The best budgeting apps: Find the Mint alternative that's right for you
November 13, 2023 by Maria Diaz
Equinix's data center system upgrade results in hours-long disruption ...
October 16, 2023 by Eileen Yu
Asian banks are a favorite target of cybercrooks, and malicious bots ...
September 28, 2023 by Eileen Yu
It's 2030, and digital wallets have replaced every card in our purses ...
September 20, 2023 by Steven Vaughan-Nichols

Banks defending their right to security are missing the point about consumer trust

When businesses override a customer's security decision, does it make them fully liable when a breach occurs? That's a question banks like those in Singapore need to consider before they roll out their next security feature.

Singapore explores programmable digital currency use cases with industry trials

Central bank says it is testing various uses of "purpose-bound" digital money with industry players, including funds disbursement without requiring recipients to have a bank account.

November 1, 2022 by Eileen Yu in Banking

Data will play key role in sustaining SEA digital economy growth

Southeast Asia's digital economy is projected to reach $200 billion in gross merchandise value this year, but market players will need to understand consumer behaviour to sustain growth as adoption of online services matures across the region.

October 27, 2022 by Eileen Yu in Big Data

SAS touts integration with Singapore toolkit to help operationalise responsible AI adoption

SAS Institute says the integration of its Viya platform with the software toolkit released by Monetary Authority of Singapore, aims to help financial institutions struggling to put into practice core principles governing the ethical and responsible use of artificial intelligence.

October 26, 2022 by Eileen Yu in AI & Robotics

How technology teams keep America's largest bank on a digital course

Chase Bank puts its tech professionals in front of 60 million digitally active customers -- and this is also a recruiting tool for tech talent.

October 13, 2022 by Joe McKendrick in CXO

APAC scoops up $41.8B in fintech deals amidst global investment dip

Global fintech investments dipped to $107.8 billion in the first half of 2022, from $111.2 billion in second-half 2021, with Asia-Pacific raking in $41.8 billion while the Americas and EMEA accounted for $34.9 billion and $26.6 billion, respectively.

September 7, 2022 by Eileen Yu in Finance

Revolut unveils cryptocurrency service in Singapore amidst possible new restrictions

UK-based fintech player's cryptocurrency service will allow Singapore customers to buy, hold, and sell from a portfolio of more than 80 tokens, even as the country mulls over the need for additional rules in retail cryptocurrency trading.

August 4, 2022 by Eileen Yu in Crypto Wallets

How AI is making Gen Z the most financially sophisticated generation

Artificial intelligence is helping an entire generation close the financial literacy gap.

July 29, 2022 by Toni Husbands in Banking

The 5 best high-yield savings accounts: Not your standard savings

What is the best high-yield savings account? American Express high-yield savings account is ZDNet's top choice because of its high APY, no fees, and great customer service. We made your search easier by compiling the top high-interest accounts below based on APY, fees, and bank reputation/account offerings.

July 29, 2022 by Lena Borrelli in Banking

Federal Reserve raises interest rates by 75 basis points for the second time; signals more rate hikes to come

In an effort to get inflation under control, Federal Reserve Chairman Jerome Powell announces yet another interest rate hike.

July 27, 2022 by Evan Zimmer in Finance

SoFi increases savings and checking account APY to 1.8% for direct deposit members

Following interest rate hikes by the Federal Reserve, the online personal finance company is offering clients an even higher interest rate on their savings and checking accounts.

July 26, 2022 by Evan Zimmer in Banking

Online banking surges in Brazil as more customers open bank accounts online than in person

A Deloitte study shows that online banking in Brazil is on the rise -- smartphones account for over half of all banking transactions in the country.

July 25, 2022 by Angelica Mari in Banking

UK cost of living payments explained: How much, when, and who is eligible?

The UK government's payments have begun to hit bank accounts, and more are expected in the coming months.

July 20, 2022 by Charlie Osborne in Finance

Inflation increases credit card usage, stress among Americans: Survey

Americans are paying more for goods and services while tapping their credit to fund their lifestyles. Improving credit scores can help control expenses.

July 19, 2022 by Toni Husbands in Credit Cards

APAC took in almost a third of global $670B private investments

Number of unicorns in the region climbed more than 25% to 450 in 2021, where Asia-Pacific accounted for $193 billion of total private investments, up 67% from the previous year, according to a new report from KPMG and HSBC.

July 18, 2022 by Eileen Yu in Startups

Should you use Buy Now, Pay Later instead of a 0% APR credit card offer?

Buy Now, Pay Later plans are growing in popularity, but can a 0% APR credit card offer do more for your long-term financial health?

July 13, 2022 by Evan Zimmer in Credit Cards