The Association of Banks in Singapore (ABS) is looking for an anti-scam mascot to serve as a visual rallying call to bank customers to “stop and check before clicking”. It launched its anti-scam mascot design competition on April 16, offering $10,000 for the top entry, and $3,000 and $2,000 for the second- and third-placed designs, respectively.

But how will a mascot help in the fight against scams? 

Ong-Ang Ai Boon, Director, The Association of Banks in Singapore tells us more. 

The Association of Banks in Singapore (ABS) is looking for an anti-scam mascot to serve as a visual rallying call to bank customers to “stop and check before clicking”. It launched its anti-scam mascot design competition on April 16, offering $10,000 for the top entry, and $3,000 and $2,000 for the second- and third-placed designs, respectively.
But how will a mascot help in the fight against scams? 
Ong-Ang Ai Boon, Director, The Association of Banks in Singapore tells us more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

A recap of the biggest news stories so you do not miss a thing, even while you were busy working.

A recap of the biggest news stories so you do not miss a thing, even while you were busy working.

The Weekly Wrap-Up

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Weekly Wrap Up: ABS looking for anti-scam mascot for banks, but how relevant is a mascot in this day and age?

Singapore may soon be the first in the world to give the police powers to control the bank accounts of stubborn scam victims.

Proposed new laws could give police more powers to stop scam victims from sending money to scammers through their banks, especially if victims refuse to believe they are being scammed.

With the scam situation in Singapore worsening over the years, is this measure simply too drastic or a step in the right direction?

On The Big Story, Hongbin Jeong speaks with David Sun, Crime Correspondent at The Straits Times to find out. 

Read more of this article at The Straits Times. 

Singapore may soon be the first in the world to give the police powers to control the bank accounts of stubborn scam victims.
Proposed new laws could give police more powers to stop scam victims from sending money to scammers through their banks, especially if victims refuse to believe they are being scammed.
With the scam situation in Singapore worsening over the years, is this measure simply too drastic or a step in the right direction? On The Big Story, Hongbin Jeong speaks with David Sun, Crime Correspondent at The Straits Times to find out.  Read more of this article at <a href="https://www.straitstimes.com/singapore/politics/singapore-proposes-laws-to-stop-stubborn-scam-victims-from-sending-money-to-syndicates">The Straits Times</a>.

The Big Story: Can this new law stop stubborn victims from sending money to scammers?

The use of diamonds as an investment and financial hedging tool has grown rapidly over the last few years.

Investing in diamonds offers a unique opportunity, blending aesthetic appeal with potential financial gain.

But what should you note when investing in diamonds? What factors determine the value of a diamond?

On Wealth Tracker, Hongbin Jeong speaks to Fabio M Cascapera, Hon Treasurer, Diamond Exchange of Singapore, to find out more about diamond investing.

The use of diamonds as an investment and financial hedging tool has grown rapidly over the last few years.
Investing in diamonds offers a unique opportunity, blending aesthetic appeal with potential financial gain.
But what should you note when investing in diamonds? What factors determine the value of a diamond?
On Wealth Tracker, Hongbin Jeong speaks to Fabio M Cascapera, Hon Treasurer, Diamond Exchange of Singapore, to find out more about diamond investing.

Wealth Tracker: Should you only invest in high quality, rare diamonds for better returns?

Singapore stocks started trading in negative territory this morning, despite global markets logging overnight gains.

The Straits Times Index (STI) opened 0.2 per cent lower at 3,730.59 points after 48.2 million securities changed hands in the broader market.

In terms of companies to watch, we have CapitaLand Integrated Commercial Trust, after the REIT’s manager today announced that the trust has divested 21 Collyer Quay, an office asset in Raffles Place, for S$688 million to a third party. 

Elsewhere, from Grab returning to profit in Q3, to more on expectations of earnings by Chinese e-commerce giants Alibaba and JD.com post Single’s Day sales  – more corporate and international headlines remain in focus. 

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

Singapore stocks started trading in negative territory this morning, despite global markets logging overnight gains.
The Straits Times Index (STI) opened 0.2 per cent lower at 3,730.59 points after 48.2 million securities changed hands in the broader market.
In terms of companies to watch, we have CapitaLand Integrated Commercial Trust, after the REIT’s manager today announced that the trust has divested 21 Collyer Quay, an office asset in Raffles Place, for S$688 million to a third party. 
Elsewhere, from Grab returning to profit in Q3, to more on expectations of earnings by Chinese e-commerce giants Alibaba and JD.com post Single’s Day sales  – more corporate and international headlines remain in focus. 
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Thilan Wickramasinghe, Head of Equity Research, Maybank Securities.

Market View: Single’s Day Sales, expectations ahead of Alibaba, JD.com’s earnings; Grab beats expectations, returns to the black,CapitaLand Integrated Commercial Trust divests 21 Collyer Quay; Tesla’s stock up 39% since US Presidential elections and more

Weekly Wrap Up: ABS looking for anti-scam mascot for banks, but how relevant is a mascot in this day and age?

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