Singapore bank lending dips in January: MAS

BANK lending in Singapore inched lower in January from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) on Wednesday showed.

Singapore Technologies Engineering injects S$47m into VC fund

SINGAPORE Technologies Engineering (ST Engineering) announced on Monday that as part of its US$150 million corporate venture fund, it has injected about S$47 million equivalent of capital into a...

MAS sets out e-payment guidelines for banks, consumers

MAJOR retail banks offering mobile payments options here will effectively have about six months to ensure proper notification of e-payment transactions by their customers, as the regulator moves...

COMMENTARY: Behind the human error that crashed NETS

"AN inadvertent human error during system maintenance" has been blamed for the nation-wide crash of the NETS system on Feb 2.

Fresh guidelines ahead on consumer rights with e-payments

CONSUMERS and small businesses wary of e-payments due to fears of unauthorised transactions through their bank accounts can soon be assured of no liability as long as they keep the account details...

8 ways to help push Singapore's digital drive

A theme which is currently prevalent across most of the world, but more so in Singapore, is that of digitisation and how to create a more accessible and efficient environment for all users.

Supermarkets rolling out QR code payment via Nets

Cold Storage, Giant and Sheng Shiong will aim to roll out the cashless payment system at all their stores by end of the year, while FairPrice introduced it in selected stores in October last year...

15,000 taxi drivers to be recruited by Nets to encourage hawkers to go cashless

SINGAPORE - In its bid to push hawkers to go cashless, payment services group Nets has enlisted the help of an unconventional army: ComfortDelGro's 15,000 taxi drivers.

Singapore bank lending weakens in December: MAS

BANK lending in Singapore was down 0.3 per cent in December from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) on Wednesday showed.

Pay for hawker centre meals with ez-link cards at Nets terminals from April

For a start, ez-link cards will be accepted at some 1,000 stalls in more than 30 hawker centres in places like Tanjong Pagar, Yishun Park and Zion Road.