April 9, 2019
Can a cashless society be truly inclusive?

The cashless movement has sparked an ongoing intense debate by lawmakers, fintech players and consumers situated across opposing realms of reality. At the forefront, the Swedish is leading the vanguard on all things cashless with legislation kicking in that enable shops to refuse cash payments for the digitally uninitiated[1]. On the other end of the […]

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March 1, 2019
Keeping Singapore’s economy dynamic in an age of uncertainty

In Finance Minister Heng Swee Keat’s Budget speech, he envisioned Singapore as an “Asia 101” for global MNCs looking to expand into Asia’s growing markets, and as a “Global 101” for Asian companies ready to go global. Asian businesses looking to expand overseas generally face significant upfront costs, but also navigate different operating landscapes across […]

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February 21, 2019
Building up confidence in e-payments in Singapore: How thoughtful regulations can create the catalyst for a cashless economy

The introduction of a risk-tiered approach to payment providers is important as it can help to put consumers at ease and accelerate the adoption of e-payments. Under the new Payment Services Bill, there has been a shift towards a dual-track regulatory framework for payment providers – a major payment institution license and a standard payment institution […]

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