Singapore is launching a $50 million program to advance research on AI and cybersecurity msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Amid a rapidly changing financial landscape, incumbent banks must be open to innovation and explore opportunities to partner with non-banking partners for the benefit of their customers. One such way this can be accomplished is through the open banking system.
A collaborative ecosystem between traditional banks and non-banking partners, open banking allows third-party providers to have access to consumers’ financial information held by their bank. Doing so enable banks to introduce services and products to their customers that they’ve never been able to before on their own.
This is done through an application programming interface (API). A 2018 global survey by Accenture revealed that among 18 to 24-year- olds, 85% of them would trust a third party to aggregate their bank data.
The Straits Times
Singapore financial sector grew an estimated 6% in first half of 2021: MAS chief Ravi Menon
Singapore’s economic growth for 2021 can exceed the upper end of the 4 to 6 per cent forecast range, says MAS Ravi Menon.PHOTO: ST FILE
PublishedJun 30, 2021, 11:24 am SGT
https://str.sg/3oWH
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New academy to offer public service officers more digital skills training Toggle share menu
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New academy to offer public service officers more digital skills training
A woman wearing a protective mask walks across a bridge beneath the skyline of Singapore s business district amid the coronavirus outbreak, May 27, 2020. (Photo: Reuters/Edgar Su)
26 Feb 2021 07:00PM) Share this content
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SINGAPORE: A new academy will be launched in the second quarter of this year to help public service officers build up digital skills in areas such as data analytics and cybersecurity.
Driven by the Smart Nation and Digital Government Group (SNDGG), it aims to offer 95 training programmes and train more than 6,000 public service officers within the first year.
How We Can Use OCBC RoboInvest To Start Our Investment Journey In 2021 dollarsandsense.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dollarsandsense.sg Daily Mail and Mail on Sunday newspapers.