Tag Archives: Singapore

Singapore – British duo jailed for credit card fraud

By | June 9, 2017

A British duo, who were working for a syndicate, were each jailed for three years and four months on Friday (June 9) after using counterfeit credit cards to shop for luxury items in Singapore. Kent University undergraduate Neelima Ahmed, 21, and retail assistant Lorenzo Giacomo Dentamaro, 20, each pleaded guilty to four counts of being in possession of… Read More »

Nearly 9 in 10 Singaporeans prefer to pay by card or mobile wallet than cash: Visa survey

By | May 16, 2017

SINGAPORE – A big majority of Singaporeans prefer making payments electronically over using cash, a new poll has found. According to the survey conducted by Visa, 87 per cent of Singaporeans prefer to make electronic payments instead of using cash. This is up 11 per cent from the previous year’s survey and also represents the highest preference for… Read More »

Top-level Market Analysis Singapore Cards and Payments Industry

By | April 20, 2017

Latest industry research report on: Singapore Cards and Payments Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts GlobalDatas “The Cards and Payments Industry in Singapore: Emerging Trends and Opportunities to 2020”, report provides detailed analysis of market trends in the Singaporean cards and payments industry. It provides values and volumes for a… Read More »

Infineon invests S$105 million in Smart Factory

By | March 14, 2017

SINGAPORE: German semiconductor Infineon Technologies will invest S$105 million over the next five years into building a Smart Factory at its Singapore manufacturing facility. This is part of Infineon’s push to implement what it calls a Smart Enterprise Programme, encompassing horizontal, vertical and digital integration. For instance, it has introduced robots like automated guided vehicles, to facilitate the… Read More »

Details: Singapore’s new digital identity scheme

By | March 3, 2017

The Singapore Government is looking at three key features for its new digital identity system, Minister in charge of Smart Nation, Vivian Balakrishnan has revealed. “I have asked the team to look at three features in the short term,” he said in Parliament yesterday. “One, to include biometric elements; two, to enable encryption; and three, to have open… Read More »