Tag Archives: Singapore

Novoflex Pte Ltd Launches Industry-Disrupting Process for Assembling SIM Cards for the Telco Industry

By | November 1, 2017

 Dramatically simplifies the card assembly process and eliminates the need for substrates  Delivers substantial cost-savings to card manufacturers and operators SIM cards assembled with the new process issued by leading mobile operators across India and Indonesia Patented worldwide; orders from major SIM card vendors globally SINGAPORE, Nov. 1, 2017 /PRNewswire/ — Singapore-based smart card innovator NovoFlex today announces Secure Authenticable Identification Laminates (sAiL)™, a… Read More »

Singapore – ICA Introduces New Design For Singapore Biometric Passport With Additional Security Features

By | October 26, 2017

 The Immigration & Checkpoints Authority (ICA) is introducing a new design for the Singapore biometric passport with additional security features.  New visa page designs and additional security features  2        The new passport design will come with new visa page designs and additional security features that make the passport harder to forge or be tampered with.… Read More »

World’s first in-school wearable tech savings & payments programme “POSB Smart Buddy” launches in 19 schools

By | August 16, 2017

 Some 6,000 students are participating in the POSB Smart Buddy programme The programme outfits schools with digital payment infrastructure, provides students watches with digital payment and fitness tracking capabilities, and comes with a mobile app for parents   SINGAPORE,16 August 2017 – POSB today celebrates the official launch of a global first – the POSB Smart Buddy programme /… Read More »

Singapore – JOINT NEWS RELEASE BY THE LAND TRANSPORT AUTHORITY (LTA) & TRANSITLINK – TOWARDS A CASHLESS PUBLIC TRANSPORT SYSTEM BY 2020

By | August 11, 2017

 The Land Transport Authority (LTA) and TransitLink are working towards a fully cashless vision for public transport by 2020. This is in line with our Smart Nation efforts. 2.  To realise this vision, LTA and TransitLink will launch a series of initiatives where commuters will no longer use cash to pay for rides or to top up stored-value… Read More »

Bank of China to release Sheng Siong credit cards

By | July 21, 2017

These contactless cards offer 12% cash rebates. As part of efforts to drive Singapore’s cashless agenda, the Bank of China Singapore Branch (BOCSG) and local supermarket chain Sheng Siong launched a new contactless credit card that offers up to 12% cash rebate across all stores. According to a joint release, the cash rebate is the highest amongst grocery… Read More »

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 »