Tag: AI

“People are at the heart of how we use technology”—Heng Swee Keat

Singapore— At the Singapore FinTech Festival at the Singapore Expo, Heng Swee Keat, the country’s Deputy Prime Minister, said that all technology should be applied with the user in mind, no matter how sophisticated that technology is. Along with this, ensuring that workers are trained...

FINTECH and the future of financial stability

The current world economy is heading into a possible recession given the uncertainty of the United States-China trade dispute, Brexit, volatile Middle East region and global oil prices fluctuations. While on the other hand, the financial industry is blooming with digitalization and high-tech innovation to create...

AI software prevents hackers from stealing millions from Singapore finance company

Hackers were very nearly successful when a phishing email was opened by a senior manager of a Singaporean financial services company, infecting his computer with a malware that could have destroyed its reputation and resulted in losses of millions of dollars. The email the senior...