A Year in Review Just a year ago, countries all around the globe hurried to pull down the shutters on their airports and economies took a hit, but today paints a different picture; across the world, country borders are opening up to vaccinated persons for international travel, economies are preparing …
4 Finance TED Talks you should watch in 2021
Financial Technology, or FinTech, first flourished during the Internet explosion in the early 2000s when e-commerce models were the rage. Today, it has evolved into the unbundling of existing services offered by traditional financial institutions and delivered sophisticatedly using specialised software and algorithms to businesses and consumers alike. Fintech startups …
4 Ways FinTech Developments will Change the Job Scope of Credit Underwriters
Financial Technology (FinTech) developments have allowed firms to analyse large amounts of data like never before. According to research firm Gartner, by end 2024, 75% of firms will shift from piloting to deploying non-traditional technologies, triggering a five-fold increase in streaming data and analytics infrastructure. FinTechs use the power of …
Why Green Financing is good for the environment and you as SME
It is no surprise the weather has become a little heavier, a little more humid, and a little more unbearable each day. The annual mean temperature in Singapore has increased from 26.9°C in 1980, to 28.0°C in 2020, according to the National Climate Change Secretariat. Air conditioning has now become …
How to score your financial goals with Budgeting
What is budgeting? Budgeting refers to the act of planning how you spend your money. Just as how Singapore sets aside budget to address various social issues for different groups of people, individuals like yourself can also allocate different amounts of money to different uses. How can budgeting help me …
Franchises In Singapore: How Much Does It Cost To Start? (2021)
Franchise opportunities can be a good way to start up your own business, but you may need to deal with stiff rules and high costs. Attracted to the idea of running a business, but can’t come up with a halfway decent business proposal even if your life depended on it? …
Beginner’s Guide To CPF Retirement Sums And How To Get There (2021)
Everything you need to know about the CPF Retirement Sum and ways you can reach these milestones a little faster. If you haven’t heard by now, Singaporeans turning 55 in 2021 are expected to have at least S$93,000 in their CPF savings (excluding Medisave) to meet the Basic Retirement Sum. …
6 ways you can reduce the cost of owning a car in Singapore
Owning a car in Singapore is costly – the most expensive in the world even. There has been estimations and assumptions that you’d need to be earning at least $7,500 a month to be able to afford a car in Singapore. That might not necessarily be true. There are ways to lower the costs of …
How To Maximise Your Debt Investments
Maximising your Debt Investments By using the concept of compound interest, you can maximize your returns by reinvesting the repayments from your investments. Investors receive repayments in the form of a monthly or bullet basis depending on the product invested. Therefore you can compound your returns by reinvesting the repayments …
Partnerships: The secret behind FinTechs serving SMEs better
Partnerships are gateways that equip fintechs with a more efficient and holistic capability to better serve SMEs. They are a tool to build and streamline fintechs’ internal processes as well as level the playing field in the competitive and rapidly evolving fintech landscape. We know that partnerships are the way …