You are here

Home > Banking & Finance

Fintech adoption in Singapore still lags global rate, says EY

Size of the market allows easy access to many traditional, non-fintech products and services
Wed, Jul 19, 2017 - 5:50 AM
btnews@sph.com.sg

Singapore

SINGAPORE'S fintech adoption rate continues to be below the global average of 33 per cent, despite the increase from 15 per cent in 2015 to 23 per cent in 2017, according to the latest Ernst & Young (EY) FinTech Adoption Index.

This comes as Singapore draws more...

sentifi.com

Market voices on:

Banking & Finance

Banks could save more than US$70b using new tech by 2025

StanChart, PT Astra selling stake in Bank Permata to Bangkok Bank

MAS revokes CT Bright Investment's licence to conduct fund management business

Bangkok Bank vying with SMFG for StanChart's Indonesia bank: sources

Hong Kong dollar firms 5-month high as investors unwind carry trades

SingSaver gets MAS brokerage licence to offer insurance comparisons on platform

BREAKING

Dec 12, 2019 11:29 PM
Government & Economy

China to keep policies steady in 2020 as economic growth slows

[BEIJING] China will keep economic policies stable while making them more effective in 2020 to help achieve its...

Dec 12, 2019 11:10 PM
Banking & Finance

Banks could save more than US$70b using new tech by 2025

[NEW YORK] North American banks could save more than US$70 billion through 2025 using technology to automate jobs or...

Dec 12, 2019 11:08 PM
Companies & Markets

Chip Eng Seng unit acquires Malaysian campus for S$24.4m

CHIP Eng Seng on Thursday said that its wholly-owned subsidiary CES Education has acquired Raffles Campus (Malaysia...

Dec 12, 2019 10:58 PM
Stocks

US: S&P 500 hits record high as Trump says close to 'big deal' with China

[NEW YORK] The benchmark S&P 500 hit a record high on Thursday after President Donald Trump said in a tweet that...

Dec 12, 2019 10:41 PM
Companies & Markets

C&G EP requests Finance Minister to allow it to stay listed

C&G Environmental Protection Holdings has made a request to the Minister for Finance to allow it to stay listed...

Purchase this article
subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for
Stay Updated
Choose which free BT newsletters to sign up for here, or get them all below:
Breakfast Brief
every morning
Daily Debrief
every evening
BT Garage
weekly
BT Lifestyle
weekly