Scam Trends in Singapore
34 people (27 men, 7 women) were arrested for allegedly providing their bank accounts to scammers for money launderingPolice froze over 240 bank accounts and seized around $955,000 in suspected scam proceeds700+ phone lines linked to scams were terminatedIn 2024,...
Phishing Scams generated by AI in Singapore
Key Points from CSA's Report First-time disclosure: The Cyber Security Agency of Singapore (CSA) revealed that approximately 13% of analyzed phishing scams in 2023 were likely AI-generated. Declining numbers with increasing sophistication: While reported phishing...
AI in Global Payments Trends
Industry Approach to AI: Initial excitement about AI has evolved into a more cautious approach Recognizes that AI isn't a universal solution but needs targeted implementation Many clients lack clear AI strategies or struggle with integration Endava's Philosophy:...
Fintech Partnerships for Banking in the AI Era
Strategic Importance Fintech partnerships are increasingly becoming a necessity rather than just an option for banks. With 63% of financial institutions now investing in AI (compared to only 32% in 2023), banks risk falling behind competitors if they don't innovate....
MAS Impersonation Scam leads to $614 k losses
Since March 2025, scammers have stolen at least $614,000 by impersonating MAS officials. They call victims from local numbers (starting with "8" and "9") Scammers direct victims to check the Register of Representatives online portal to verify their identity However,...
Joint Singapore-Malaysia Anti-Scam Operation
Joint Singapore-Malaysia Anti-Scam Operation Over 850 people are being investigated for scams that resulted in victims losing more than S$8.1 million (US$6.08 million) The suspects range in age from 15 to 77 and were apprehended between February 10 and March 9, 2025...
Ways Singapore Businesses May Be Scammed
Common Business Scams in Singapore Phishing Scams/Business Email Compromise: Emails or messages designed to appear legitimate to obtain valuable information Singapore's first coordinated phishing exercise revealed: 30% of test phishing emails were opened 17% of...
Agentic AI’s Transformation of Banking
Key Transformative Aspects of Agentic AI in Banking 1. Advanced Decision-Making Capabilities Agentic AI functions as independent decision-makers rather than just analytical tools Can comprehend complex objectives and break them down into manageable components Makes...
Star Wars Games Review
EA, Respawn Entertainment, and Bit Reactor are collaborating on a Star Wars strategy game. The game is known internally as "Star Wars Bruno" Screenshots from 2023 indicate it has gameplay mechanics similar to XCOM, including: Characters taking cover Hit chance...
Keita Takahashi’s ‘To A T’
An interview article with Keita Takahashi, the creator of games like Katamari Damacy and Wattam, discusses his upcoming game, "To a T," which features a teenager stuck in a T-pose (with arms outstretched and unable to bend). Here are the key points from the interview:...