We love the convenience and benefits that comes with a credit card. Occasionally, we may come across an article like this one, reminding us that credit cards are still susceptible to hackers and scammers. It might seem like an unlikely occurrence, especially in Singapore. But make no mistake, as a familiar tagline goes, low crimes doesn’t mean no crime. Here are a few simple ways to find out if your credit card has been hacked.
Fintech is an up and coming sector in Singapore but for it to really succeed banks and fintech companies will need to work together. So how is it that they can achieve this? How can fintech leverage its expertise which can then be used by the banks? How can they work together to nurture the environment for fintech in Singapore to grow? Lets find out.
The MD of the MAS, Mr. Ravi Menon, had said that Singapore would need a supply of talent, mentorship and funding for its fintech sector if it was to catch up with the global fintech market. Budget 2017 has addressed the matter with provisions that are meant to help fintech rise which range from funding education to talent development. Lets take a closer look at what else the budget has to offer.
I was having a casual lunch chat with my colleagues on the stock market and was pleased that my first attempt to explain the concept of long versus short, call versus put option was successful. But asked a simple question on what the CDP account is for, I found myself tongue tight. It is… a depository to hold my stocks and… perhaps my holdings inside are guaranteed in certain ways?
When you start planning your wedding, one aspect of the expense is the honeymoon too. Wouldn’t it be great if you could get to go for the honeymoon for free? It’s not a fantasy because if you play your cards right, you could use a travel credit card to do just that for you. Here is how you could achieve this goal.
What does the road ahead looks like, post demonitisation, for India’s bid to become cashless economy. How does the infrastructure have to change, or improve, in order to accommodate this move to a digital economy? What are the key areas that India needs to focus on to help move this effort to the next stage?
A balance transfer shifts your existing loan on one credit card, to an interest-free credit card. This will give you enough time to settle outstanding debts without incurring interest. While we can’t write a book on this topic, we can tell you what you need to know about it, including how it affects your credit score!
Gone are the days when fintech and banks were seen competing against each other. The new norm is to co-exist and flourish, enhancing customer loyalty and longevity. Here are three areas where consumer needs have been effectively addressed by fintech, ensuring that consumer requirements serve as huge motivation to innovate and solve.
Shopping at the supermarket can be really fun. There’s always something new to try. But are the prices of groceries freaking you out? Did you see a tear drop on your wallet the last time you checked out of a supermarket? If you can’t really alter your purchasing habits, at least ensure that you’re using a grocery credit card to help make the expenditure easier to handle.