Singapore banks boost cybersecurity defences
New Security Measures: Singapore's central retail banks are implementing a significant security overhaul over three months, moving away from One-Time Passwords (OTPs) for customers who use digital tokens. Instead of OTPs, these customers will be required to use...
Upskilling in an evolving jobs market
https://www.straitstimes.com/singapore/changing-gears-the-mid-career-workers-finding-purpose-through-new-skills This article highlights a significant trend in Singapore's evolving job market: mid-career professionals are increasingly prioritising purpose and passion...
Fairprice Smart Cart Technology
The Smart Carts being trialled at the Sengkang outlet represent a significant leap forward in retail technology, offering features such as personalised recommendations, in-store navigation, and seamless checkout without traditional queuing. What's particularly...
Banking security threats analysis
Why Banks Are Prime Targets: Financial institutions hold extremely valuable and sensitive data They offer multiple profit opportunities for cybercriminals According to IBM's 2021 report, financial data breaches have the second-highest costs after healthcare Central...
CIMB Singapore and Wing Bank Cambodia form partnership
The partnership is particularly notable for its comprehensive scope, targeting multiple client segments, including commercial enterprises, small to medium-sized enterprises (SMEs), and high-net-worth individuals. The focus on Cambodian SMEs is especially strategic,...
Access Bank acquires National Bank of Kenya
This is significant news for Kenya's banking sector. Access Bank has successfully completed its acquisition of National Bank of Kenya (NBK) from the KCB Group, making NBK a wholly owned subsidiary of Access Bank. Here are the key details: Transaction Overview: Access...
Australian banking security update
Macquarie's Security Warning: Macquarie Bank, Australia's fifth-largest lender, is labelling SMS 2FA as "outdated" and highlighting its security vulnerabilities. Head of deposits Olivia McArdle argues that these text messages provide limited information, making it...
How to prevent bank accounts from getting hacked
Authentication and Access Security: Experts strongly emphasize the use of multifactor authentication, which requires at least two verification methods—something you know (such as a password), something you have (such as a phone for text codes), or something you are...
Trump’s economic policy and labour market trends
Trump Economic Policy & Labour Market Analysis: Impact on Singapore Executive Summary The Trump administration's economic policies in 2025 represent a significant shift towards protectionism and financial deregulation, creating substantial ripple effects for...
Singapore budget food guide
As inflation stubbornly lingers and the job market keeps tossing us curveballs, every dollar counts more than ever. Many families are tightening their belts, looking for ways to stretch their budgets, especially when it comes to meals. Instead of expensive takeout or...