Money

Perks give QR code payments more bite

The future of cashless payment at hawker centres and coffee shops could involve scanning a quick response (QR) code that looks like a mesh of pixelated squares, with the Government pushing for...

Tikehau Capital, Sprim join forces with new Singapore-based life sciences VC fund

LIFE science startups hoping for a big break can now look to a new Singapore-based cash cow for funding.

New e-wallets to emerge with launch of common QR code for Singapore: Stripe chief

NEW e-wallet solutions are expected to emerge in Singapore with the launch of standardised protocols like SGQR this year, said Patrick Collison, chief of San Francisco-based financial technology...

PayNow to be extended to businesses, public agencies

BUSINESSES will soon be able to receive payments from other businesses and even consumers through homegrown funds transfer tool PayNow, announced Vivian Balakrishnan, Minister-in-Charge of the...

Singapore not going cashless 'for its own sake' but for economic competitiveness: Vivian Balakrishnan

SINGAPORE is not going cashless "for its own sake", but to enhance the competitiveness of its economy, said Vivian Balakrishnan, minister-in-charge of the Smart Nation Initiative, at the Committee...

Swedes now at risk of losing access to cash in parts of country

PEOPLE living in the world's most cashless society may soon lose their access to notes and coins.

Business lending risks losing steam

IF BANK loan numbers in January are to go by, there are some signs of stronger consumer confidence in Singapore from a year ago.

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...

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.