A Monetary Authority of Singapore stress test found that about 32 per cent of Singapore-listed companies would be at risk under a severe downturn in artificial intelligence-related investment and loss…
Ant Digital Technologies president Zhuoqun Bian warned at the Fortune Leaders Forum in Macau on Sept. 8 that financial institutions must extend "know your customer" compliance to "know your agent" as …
Visa, Mastercard and Ant International announced a joint framework on September 9 called Know-Your-Agent (KYA) that lets their separate AI agent verification systems recognize each other, coordinated …
Ant International, Visa and Mastercard have begun developing a Know-Your-Agent (KYA) interoperability framework for AI-driven payments, working through Singapore's BuildFin.ai platform convened by the…
Ant International, Mastercard and Visa launched an initiative on Thursday (Sep 10) to develop a Know-Your-Agent interoperability framework for identifying and verifying AI agents that make purchases o…
The Monetary Authority of Singapore (MAS) launched FSTI 4.0 on August 31, committing up to S$220 million (US$173 million) over three years to bolster the country's fintech ecosystem, a step up from th…
Singapore will invest S$220 million over three years in the fourth tranche of the Financial Sector Technology and Innovation (FSTI) scheme, announced by the Monetary Authority of Singapore (MAS) on Au…
TRM Labs has appointed former Monetary Authority of Singapore official Ziqing Ang as Head of Policy for Asia-Pacific, as the blockchain intelligence firm tracks more than $103 billion in adjusted cryp…
Singapore's economy grew 5.9% in the second quarter of 2026 from a year earlier, surpassing the advance estimate of 5.7%, and the Trade Ministry raised its full-year growth forecast to 4.5%–5.5% from …
Singapore's sovereign wealth funds Temasek and GIC announced in July they will increase investments in artificial intelligence, while the Monetary Authority of Singapore expressed caution about the ri…
Monetary Authority of Singapore (MAS) managing director Chia Der Jiun flagged the artificial intelligence investment boom as a massive, looming uncertainty for global financial stability during his sp…
OCBC will use an agentic AI platform called Helios to cut wealth client onboarding time to 15 business days, down from the current industry median of about six weeks. The platform, built by the bank's…
The Monetary Authority of Singapore directed banks to report cryptoasset exposures and engage on prudential treatment before a full Basel-aligned framework takes effect on January 1, 2027, and propose…
Singapore's economic growth should remain firm in the second half of 2026, but the sustainability of the AI investment boom is a major uncertainty, according to Monetary Authority of Singapore Managin…
Chia Der Jiun, Managing Director of the Monetary Authority of Singapore, warned on June 17 at the Lujiazui Forum that the global economy's heavy reliance on AI investment creates a fragility that mark…
Singapore's central bank warned that the global artificial intelligence boom could pose economic risks if it falters, citing cyber security threats from AI models and quantum computing. The Monetary A…
The sustainability of the artificial intelligence investment boom has become a key risk to global growth and financial stability, said Chia Der Jiun, managing director of the Monetary Authority of Sin…
Banks in Singapore, including DBS, OCBC and UOB, are deploying agentic AI systems that can autonomously plan and execute complex tasks across wealth advisory, client onboarding, KYC, compliance and op…
HSBC announced plans to establish a Global AI Centre of Excellence in Singapore, aiming to recruit more than 100 AI specialists by the second half of 2026. The center will focus on customer wealth enh…
The Monetary Authority of Singapore (MAS) said on Monday that the Iran conflict has primarily affected Singapore's inflation rather than growth, and any growth drag will be outweighed by a boost from …