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AI, human-centric design to drive innovation in finance

THE Monetary Authority of Singapore has introduced a raft of digital initiatives to fuel innovation in the country's financial services sector, ranging from developing an e-marketplace for trade-finance assets to building smarter infrastructure to enable the more convenient use of e-payments. Homegrown cashless payment solutions firm Nets has also recently unveiled a string of new fintech offerin...


Annual premiums drive Q4 insurance growth

SINGAPORE'S life insurance industry reported growth on all fronts in the fourth quarter of last year, as insurers turned their focus towards narrowing the protection and retirement gap, which in turn drove sales up. For the three months to end-December, total weighted new business sales, a growth measurement, rose 15 per cent year on year to S$955.3 million on the back of the rise in sales of ann...


MAS to boost financing options for Asia's growth companies

THE Monetary Authority of Singapore (MAS) will roll out a host of initiatives over the next few days to help beef up financing channels for growth companies in Asia. And to support innovation, MAS will develop better technology infrastructure to sharpen Singapore's competitive edge in areas such as foreign exchange (FX) and trade; it will also set up a dedicated group to boost capabilities in dat...


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