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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxFinancial crime in Singapore has escalated to unprecedented levels, with scams costing more than S$3.4 billion since 2019, according to the Straits Times.To help organizations tackle this challenge, Salesforce’s Agentforce offers AI-driven capabilities to automate customer anti-money laundering and combating the financing of Terrorism (AML/CFT) obligations, enhance client risk profiling, and streamline regulatory filings, according a joint paper by Salesforce and PwC.The paper explores the changing financial crime landscape in Singapore and looks at Saleforce’s Agentforce solution, showing how the platform can help Singaporean banks combat financial crime…

Equinor ASA, Norway’s biggest oil and gas producer, is looking to sell a number of Angolan fields, according to people familiar with the matter.Equinor is working with a financial adviser to help identify potential buyers, the people said, asking not to be named because the information isn’t public. It intends to retain a small stake in one of the fields, they said. Deliberations are ongoing and no final decision on a sale has been made, they said.

The market may be entering a new phase: The shaking out of the most crowded “non-traditional” strategies. ETF Action founding partner Mike Akins contends not everything getting stuffed into exchange-traded funds, including private assets, makes sense and they need to be questioned a little bit.”The ETF wrapper is just more efficient for a lot of things. Not everything,” Akins told CNBC’s “ETF Edge” this week, adding that “I always say I’m an ETF first type of guy, but I’m not an ETF only.”According to Akins, it’s more about what’s going in the world than the ETF structure. He finds investors…

Shares of FanDuel’s parent were pointing down after disappointing earnings. Its users lost too many bets and left for competitors.

Amadeus FY2025 slides: full-year targets met despite Q4 miss

The United Kingdom’s Gambling Commission is exploring how cryptocurrency could be used for payments at licensed online casinos, as the country prepares to bring more crypto activity under a new regulatory regime led by the Financial Conduct Authority (FCA).Tim Miller, the commission’s executive director for research and policy, said Thursday that the regulator wants to examine “the potential path forward” for allowing “cryptoasset to be used as a consumer payment option for licensed and regulated gambling in Great Britain.” Miller made the remarks at the Betting and Gaming Council’s annual general meeting in London, according to his published speech.Companies carrying…

The cost of wholesale goods and services rose at an accelerated pace in January for the second month in a row, suggesting persistent inflation could dog the economy at least through the early part of the new year.

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British parliamentary by-elections are generally poor indicators of national contests but very good at giving you the state of the parties today. By that measure Prime Minister Sir Keir Starmer’s Labour government has a great deal to worry about after the Green party’s victory in a parliamentary by-election in what was supposed to be a Labour stronghold in Manchester. The Gorton and Denton contest delivered a stunning win for the small party and one that points to the further fragmentation of British politics.…

Legendary investor is still undecided about the AI bubble but the technology is revolutionary, he thinks. He believes AI has the capacity to be a better investor than most.

 Welcome to Episode #475 of the Zacks Market Edge Podcast. Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life. The Magnificent 7 is over. We had the FANG stocks, then the FANGMAN stocks. But they both died. Some wanted to add Tesla into FANGMAN. To do that, FANGMAN morphed into the Magnificent 7. But with some of the Mag 7 stocks lagging, it seems to be the end of the line for that grouping. What will replace it?…