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Singapore Pledges S$220 Million to Boost Fintech Innovation and Talent Pipeline

2025-09-18

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thank you&nbsp;","listText":"Nice thank you&nbsp;","text":"Nice thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/603257634669648","repostId":"1163706341","repostType":2,"repost":{"id":"1163706341","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1788314698,"share":"https://ttm.financial/m/news/1163706341?lang=en_US&edition=fundamental","pubTime":"2026-09-02 10:04","market":"sg","language":"en","title":"Singapore Pledges S$220 Million to Boost Fintech Innovation and Talent Pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1163706341","media":"Trading Random","summary":"Singapore's central bank, the Monetary Authority of Singapore (MAS), is set to allocate S$220 million (US$173 million) to fast-track innovation within the financial technology sector, as announced by...","content":"<html><head></head><body>Singapore&#39;s central bank, the Monetary Authority of Singapore (MAS), is set to allocate S$220 million (US$173 million) to fast-track innovation within the financial technology sector, as announced by Deputy Prime Minister Gan Kim Yong.<br/><br/>This investment, distributed over a three-year period, is part of the newly unveiled fourth edition of the Financial Sector Technology and Innovation (FSTI) scheme. The initiative is designed to reinforce Singapore&#39;s status as a dynamic and competitive fintech hub.<br/><br/>The primary objectives of the scheme include the development of technology infrastructure to integrate new solutions into the financial sector, as well as bolstering talent development and attraction efforts, according to an official statement from MAS.<br/><br/>A key component of the plan is the co-funding of internship stipends to cultivate a &#34;pipeline of young talent for Singapore&#39;s fintech ecosystem.&#34; The central bank aims to facilitate at least 1,000 fintech internship opportunities in the next three years, with Singaporean citizens eligible to participate.<br/><br/>Beyond talent, the initiative seeks to anchor and scale innovative activities within Singapore, with a particular emphasis on advancing frontier technologies.<br/><br/>Mr. Gan, who also serves as Minister for Trade and Industry and Chairman of MAS, stated that these combined efforts will empower financial institutions, fintech companies, and workers to innovate, scale up, and develop the capabilities necessary to seize emerging opportunities.<br/><br/>He further noted that the government has been actively consulting with the financial industry and fintech firms to identify gaps and requirements, with plans to continue engaging the sector to refine the scheme over time.<br/><br/>The original FSTI program was first introduced back in 2015, and since its launch, it has supported over 350 fintech projects. Mr. Gan highlighted that the initiative has been instrumental in fostering a robust ecosystem for both the fintech and financial industries.<br/><br/>He pointed out that Singapore is home to more than 1,800 fintech enterprises, many of which have expanded into regional markets and serve a global clientele. The sector itself provides employment for roughly 10,000 individuals.<br/><br/>Citing recent momentum, he mentioned that in 2025 alone, the fintech sector attracted close to S$3 billion in total investment. &#34;I think the momentum will continue, and we hope that FSTI 4.0 will continue to provide that boost to the fintech industry,&#34; he said.<br/><br/><b>MANPOWER SUPPORT</b><br/><br/>The latest iteration, FSTI 4.0, will be rolled out through six distinct tracks covering areas such as institutional innovation, AI adoption, infrastructure, platforms, and talent development.<br/><br/>In addition to the internship stipend co-funding, MAS has launched a new FinTech Internship Portal, fintechinternships.sg, managed by the Singapore FinTech Association (SFA). This platform will connect fintech firms with students from Institutes of Higher Learning for internships spanning business, technology, and other functions.<br/><br/>Each internship, which can be full-time or part-time, must last at least three months and include defined learning outcomes. For each qualifying hire, MAS will support 80% of the monthly internship stipend, capped at S$1,000 per month, for up to 12 months. Participating firms can receive funding for up to 10 interns per calendar year.<br/><br/>Mr. Gan emphasized that building a talent pipeline is &#34;particularly critical&#34; in the emerging fintech industry. &#34;Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies,&#34; he stated, adding that investing in people&#39;s skills and knowledge is vital for the sector&#39;s growth and for positioning them to seize future opportunities.<br/><br/>The fintech sector has been grappling with a talent crunch and high attrition rates. A 2025 talent report from SFA indicated &#34;significant shortages&#34; in areas like AI, data science, cybersecurity, and cloud architecture, with firms citing protracted hiring times, high compensation expectations, and high turnover due to limited career development or pay.<br/><br/><b>FRONTIER TECH</b><br/><br/>Beyond manpower, other tracks in the scheme include the Institution Project Track, which supports Singapore-based financial institutions and fintech firms in developing and deploying innovative solutions. MAS will focus on frontier technologies, including AI, distributed ledger technology, and quantum technology. Projects must demonstrate significant business impact, technical feasibility, and innovativeness.<br/><br/>The AI Pathfinder track is designed to accelerate the adoption of market-tested AI solutions listed on PathFin.ai and to drive sector-wide AI usage across financial services.<br/><br/>The infrastructure and platform track supports industry-wide projects that boost efficiency, productivity, and innovation. Concurrently, the Centre of Excellence track aims to anchor high-value functions of financial institutions and fintech firms in Singapore. It will consolidate specialized talent and expertise while supporting the growth of emerging tech like AI, quantum computing, and digital assets. MAS will offer up to 50% funding support on manpower expenses for qualifying roles filled by Singapore citizens and 25% for non-citizens, including permanent residents, over a 24-month period.<br/><br/>The MAS FinTech Awards track seeks to elevate Singapore&#39;s global profile as a fintech hub through events like the Singapore FinTech Festival (SFF) FinTech Excellence Awards and the Global FinTech Hackcelerator (GFH). This annual competition challenges global start-ups to develop market-ready solutions for industry problem statements.<br/><br/>A new enhancement, the GFH Scale-up Grant, will provide eligible finalists with follow-on funding of up to S$500,000 to help them validate their solutions post-competition, attract private investment, and scale their presence in Singapore. Since the scheme&#39;s inception, GFH finalists have raised over S$3.8 billion, and more than 30 Centres of Excellence have been established.<br/><br/><b>BUILDING A FINTECH ECOSYSTEM</b><br/><br/>The previous version, FSTI 3.0, involved a S$150 million commitment over three years from 2023 to 2026, supporting Centres of Excellence and introducing new tracks on environmental, social, and governance (ESG) fintech and quantum technology. It also backed advanced capability development in AI, data analytics, and regulatory technology.<br/><br/>The second iteration of FSTI committed S$250 million from 2020 to 2023, broadening digital adoption across the financial sector and providing crucial support during the COVID-19 pandemic by enabling smaller institutions to pivot to remote work. The first iteration, from 2015 to 2020, saw a S$225 million commitment, which established the foundational ecosystem, launching tracks like Proof-of-Concept and Innovation Labs to kickstart early-stage innovation.<br/><br/>When asked about competing with regional hubs like Hong Kong, Mr. Gan remarked that the financial industry is not a &#34;zero-sum game.&#34; He explained, &#34;As we get better, Hong Kong and other financial centres will also get better. And as they get better, we want to make sure that we get even better. FSTI 4.0 will help to spur innovation in the local financial sector and fintech sector, keeping Singapore competitive and ensuring that many of the innovations and solutions will also benefit the financial industries in the region.&#34;<br/><br/><b>FINTECH INDUSTRY WELCOMES SCHEME</b><br/><br/>Industry players have welcomed the latest iteration, noting it shifts focus from just supporting innovation to helping fintech firms commercialize and scale their solutions. Holly Fang, President of the Singapore FinTech Association, said FSTI 4.0 builds on the foundation of FSTI 3.0 with greater emphasis on adoption and commercialisation.<br/><br/>&#34;I think FSTI 4.0 provides that end-to-end view and support across different stages of that journey: from innovation, to adoption, to supporting promising fintechs as they validate and scale their businesses. For Singapore to remain competitive and lead as a global fintech hub, we need to be both a place where new solutions are built, and a market where they can be deployed and scaled,&#34; she said.<br/><br/>Caecilia Chu, Co-founder and CEO of multi-currency payment platform YouTrip, stated the refreshed scheme arrives at a pivotal time given the &#34;relatively muted&#34; venture capital and growth capital landscape. She added that the dedicated AI Pathfinder Track and enhanced grants will encourage businesses to be bolder in developing new AI products that benefit Singapore and the wider region.<br/><br/>Kelvin Teo, Co-founder and director of digital financing platform Funding Societies, said the latest scheme lowers the cost and risk of experimenting with and adopting innovation and AI solutions. &#34;For smaller firms, that cost can be prohibitive. For larger firms, co-funding removes avoidable friction in getting budget approval internally,&#34; he said, adding that FSTI 4.0 provides continuity for technology projects that typically span multiple phases.<br/><br/>On the manpower track, Mr. Teo said the focus on internships is well-timed and meaningful for entry-level talent. However, he noted the bigger challenge is attracting mid-career and senior-level professionals, as fintech firms compete with banks and global tech companies for experienced hires. &#34;This gap is better addressed by meaningful mid-career grants for locals, and greater certainty on the long-term settlement pathway for experienced foreign talent with families,&#34; he added.<br/><br/>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Pledges S$220 Million to Boost Fintech Innovation and Talent Pipeline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Pledges S$220 Million to Boost Fintech Innovation and Talent Pipeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Trading Random </p>\n<p class=\"h-time\">2026-09-02 10:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>Singapore&#39;s central bank, the Monetary Authority of Singapore (MAS), is set to allocate S$220 million (US$173 million) to fast-track innovation within the financial technology sector, as announced by Deputy Prime Minister Gan Kim Yong.<br/><br/>This investment, distributed over a three-year period, is part of the newly unveiled fourth edition of the Financial Sector Technology and Innovation (FSTI) scheme. The initiative is designed to reinforce Singapore&#39;s status as a dynamic and competitive fintech hub.<br/><br/>The primary objectives of the scheme include the development of technology infrastructure to integrate new solutions into the financial sector, as well as bolstering talent development and attraction efforts, according to an official statement from MAS.<br/><br/>A key component of the plan is the co-funding of internship stipends to cultivate a &#34;pipeline of young talent for Singapore&#39;s fintech ecosystem.&#34; The central bank aims to facilitate at least 1,000 fintech internship opportunities in the next three years, with Singaporean citizens eligible to participate.<br/><br/>Beyond talent, the initiative seeks to anchor and scale innovative activities within Singapore, with a particular emphasis on advancing frontier technologies.<br/><br/>Mr. Gan, who also serves as Minister for Trade and Industry and Chairman of MAS, stated that these combined efforts will empower financial institutions, fintech companies, and workers to innovate, scale up, and develop the capabilities necessary to seize emerging opportunities.<br/><br/>He further noted that the government has been actively consulting with the financial industry and fintech firms to identify gaps and requirements, with plans to continue engaging the sector to refine the scheme over time.<br/><br/>The original FSTI program was first introduced back in 2015, and since its launch, it has supported over 350 fintech projects. Mr. Gan highlighted that the initiative has been instrumental in fostering a robust ecosystem for both the fintech and financial industries.<br/><br/>He pointed out that Singapore is home to more than 1,800 fintech enterprises, many of which have expanded into regional markets and serve a global clientele. The sector itself provides employment for roughly 10,000 individuals.<br/><br/>Citing recent momentum, he mentioned that in 2025 alone, the fintech sector attracted close to S$3 billion in total investment. &#34;I think the momentum will continue, and we hope that FSTI 4.0 will continue to provide that boost to the fintech industry,&#34; he said.<br/><br/><b>MANPOWER SUPPORT</b><br/><br/>The latest iteration, FSTI 4.0, will be rolled out through six distinct tracks covering areas such as institutional innovation, AI adoption, infrastructure, platforms, and talent development.<br/><br/>In addition to the internship stipend co-funding, MAS has launched a new FinTech Internship Portal, fintechinternships.sg, managed by the Singapore FinTech Association (SFA). This platform will connect fintech firms with students from Institutes of Higher Learning for internships spanning business, technology, and other functions.<br/><br/>Each internship, which can be full-time or part-time, must last at least three months and include defined learning outcomes. For each qualifying hire, MAS will support 80% of the monthly internship stipend, capped at S$1,000 per month, for up to 12 months. Participating firms can receive funding for up to 10 interns per calendar year.<br/><br/>Mr. Gan emphasized that building a talent pipeline is &#34;particularly critical&#34; in the emerging fintech industry. &#34;Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies,&#34; he stated, adding that investing in people&#39;s skills and knowledge is vital for the sector&#39;s growth and for positioning them to seize future opportunities.<br/><br/>The fintech sector has been grappling with a talent crunch and high attrition rates. A 2025 talent report from SFA indicated &#34;significant shortages&#34; in areas like AI, data science, cybersecurity, and cloud architecture, with firms citing protracted hiring times, high compensation expectations, and high turnover due to limited career development or pay.<br/><br/><b>FRONTIER TECH</b><br/><br/>Beyond manpower, other tracks in the scheme include the Institution Project Track, which supports Singapore-based financial institutions and fintech firms in developing and deploying innovative solutions. MAS will focus on frontier technologies, including AI, distributed ledger technology, and quantum technology. Projects must demonstrate significant business impact, technical feasibility, and innovativeness.<br/><br/>The AI Pathfinder track is designed to accelerate the adoption of market-tested AI solutions listed on PathFin.ai and to drive sector-wide AI usage across financial services.<br/><br/>The infrastructure and platform track supports industry-wide projects that boost efficiency, productivity, and innovation. Concurrently, the Centre of Excellence track aims to anchor high-value functions of financial institutions and fintech firms in Singapore. It will consolidate specialized talent and expertise while supporting the growth of emerging tech like AI, quantum computing, and digital assets. MAS will offer up to 50% funding support on manpower expenses for qualifying roles filled by Singapore citizens and 25% for non-citizens, including permanent residents, over a 24-month period.<br/><br/>The MAS FinTech Awards track seeks to elevate Singapore&#39;s global profile as a fintech hub through events like the Singapore FinTech Festival (SFF) FinTech Excellence Awards and the Global FinTech Hackcelerator (GFH). This annual competition challenges global start-ups to develop market-ready solutions for industry problem statements.<br/><br/>A new enhancement, the GFH Scale-up Grant, will provide eligible finalists with follow-on funding of up to S$500,000 to help them validate their solutions post-competition, attract private investment, and scale their presence in Singapore. Since the scheme&#39;s inception, GFH finalists have raised over S$3.8 billion, and more than 30 Centres of Excellence have been established.<br/><br/><b>BUILDING A FINTECH ECOSYSTEM</b><br/><br/>The previous version, FSTI 3.0, involved a S$150 million commitment over three years from 2023 to 2026, supporting Centres of Excellence and introducing new tracks on environmental, social, and governance (ESG) fintech and quantum technology. It also backed advanced capability development in AI, data analytics, and regulatory technology.<br/><br/>The second iteration of FSTI committed S$250 million from 2020 to 2023, broadening digital adoption across the financial sector and providing crucial support during the COVID-19 pandemic by enabling smaller institutions to pivot to remote work. The first iteration, from 2015 to 2020, saw a S$225 million commitment, which established the foundational ecosystem, launching tracks like Proof-of-Concept and Innovation Labs to kickstart early-stage innovation.<br/><br/>When asked about competing with regional hubs like Hong Kong, Mr. Gan remarked that the financial industry is not a &#34;zero-sum game.&#34; He explained, &#34;As we get better, Hong Kong and other financial centres will also get better. And as they get better, we want to make sure that we get even better. FSTI 4.0 will help to spur innovation in the local financial sector and fintech sector, keeping Singapore competitive and ensuring that many of the innovations and solutions will also benefit the financial industries in the region.&#34;<br/><br/><b>FINTECH INDUSTRY WELCOMES SCHEME</b><br/><br/>Industry players have welcomed the latest iteration, noting it shifts focus from just supporting innovation to helping fintech firms commercialize and scale their solutions. Holly Fang, President of the Singapore FinTech Association, said FSTI 4.0 builds on the foundation of FSTI 3.0 with greater emphasis on adoption and commercialisation.<br/><br/>&#34;I think FSTI 4.0 provides that end-to-end view and support across different stages of that journey: from innovation, to adoption, to supporting promising fintechs as they validate and scale their businesses. For Singapore to remain competitive and lead as a global fintech hub, we need to be both a place where new solutions are built, and a market where they can be deployed and scaled,&#34; she said.<br/><br/>Caecilia Chu, Co-founder and CEO of multi-currency payment platform YouTrip, stated the refreshed scheme arrives at a pivotal time given the &#34;relatively muted&#34; venture capital and growth capital landscape. She added that the dedicated AI Pathfinder Track and enhanced grants will encourage businesses to be bolder in developing new AI products that benefit Singapore and the wider region.<br/><br/>Kelvin Teo, Co-founder and director of digital financing platform Funding Societies, said the latest scheme lowers the cost and risk of experimenting with and adopting innovation and AI solutions. &#34;For smaller firms, that cost can be prohibitive. For larger firms, co-funding removes avoidable friction in getting budget approval internally,&#34; he said, adding that FSTI 4.0 provides continuity for technology projects that typically span multiple phases.<br/><br/>On the manpower track, Mr. Teo said the focus on internships is well-timed and meaningful for entry-level talent. However, he noted the bigger challenge is attracting mid-career and senior-level professionals, as fintech firms compete with banks and global tech companies for experienced hires. &#34;This gap is better addressed by meaningful mid-career grants for locals, and greater certainty on the long-term settlement pathway for experienced foreign talent with families,&#34; he added.<br/><br/>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163706341","content_text":"Singapore's central bank, the Monetary Authority of Singapore (MAS), is set to allocate S$220 million (US$173 million) to fast-track innovation within the financial technology sector, as announced by Deputy Prime Minister Gan Kim Yong.This investment, distributed over a three-year period, is part of the newly unveiled fourth edition of the Financial Sector Technology and Innovation (FSTI) scheme. The initiative is designed to reinforce Singapore's status as a dynamic and competitive fintech hub.The primary objectives of the scheme include the development of technology infrastructure to integrate new solutions into the financial sector, as well as bolstering talent development and attraction efforts, according to an official statement from MAS.A key component of the plan is the co-funding of internship stipends to cultivate a \"pipeline of young talent for Singapore's fintech ecosystem.\" The central bank aims to facilitate at least 1,000 fintech internship opportunities in the next three years, with Singaporean citizens eligible to participate.Beyond talent, the initiative seeks to anchor and scale innovative activities within Singapore, with a particular emphasis on advancing frontier technologies.Mr. Gan, who also serves as Minister for Trade and Industry and Chairman of MAS, stated that these combined efforts will empower financial institutions, fintech companies, and workers to innovate, scale up, and develop the capabilities necessary to seize emerging opportunities.He further noted that the government has been actively consulting with the financial industry and fintech firms to identify gaps and requirements, with plans to continue engaging the sector to refine the scheme over time.The original FSTI program was first introduced back in 2015, and since its launch, it has supported over 350 fintech projects. Mr. Gan highlighted that the initiative has been instrumental in fostering a robust ecosystem for both the fintech and financial industries.He pointed out that Singapore is home to more than 1,800 fintech enterprises, many of which have expanded into regional markets and serve a global clientele. The sector itself provides employment for roughly 10,000 individuals.Citing recent momentum, he mentioned that in 2025 alone, the fintech sector attracted close to S$3 billion in total investment. \"I think the momentum will continue, and we hope that FSTI 4.0 will continue to provide that boost to the fintech industry,\" he said.MANPOWER SUPPORTThe latest iteration, FSTI 4.0, will be rolled out through six distinct tracks covering areas such as institutional innovation, AI adoption, infrastructure, platforms, and talent development.In addition to the internship stipend co-funding, MAS has launched a new FinTech Internship Portal, fintechinternships.sg, managed by the Singapore FinTech Association (SFA). This platform will connect fintech firms with students from Institutes of Higher Learning for internships spanning business, technology, and other functions.Each internship, which can be full-time or part-time, must last at least three months and include defined learning outcomes. For each qualifying hire, MAS will support 80% of the monthly internship stipend, capped at S$1,000 per month, for up to 12 months. Participating firms can receive funding for up to 10 interns per calendar year.Mr. Gan emphasized that building a talent pipeline is \"particularly critical\" in the emerging fintech industry. \"Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies,\" he stated, adding that investing in people's skills and knowledge is vital for the sector's growth and for positioning them to seize future opportunities.The fintech sector has been grappling with a talent crunch and high attrition rates. A 2025 talent report from SFA indicated \"significant shortages\" in areas like AI, data science, cybersecurity, and cloud architecture, with firms citing protracted hiring times, high compensation expectations, and high turnover due to limited career development or pay.FRONTIER TECHBeyond manpower, other tracks in the scheme include the Institution Project Track, which supports Singapore-based financial institutions and fintech firms in developing and deploying innovative solutions. MAS will focus on frontier technologies, including AI, distributed ledger technology, and quantum technology. Projects must demonstrate significant business impact, technical feasibility, and innovativeness.The AI Pathfinder track is designed to accelerate the adoption of market-tested AI solutions listed on PathFin.ai and to drive sector-wide AI usage across financial services.The infrastructure and platform track supports industry-wide projects that boost efficiency, productivity, and innovation. Concurrently, the Centre of Excellence track aims to anchor high-value functions of financial institutions and fintech firms in Singapore. It will consolidate specialized talent and expertise while supporting the growth of emerging tech like AI, quantum computing, and digital assets. MAS will offer up to 50% funding support on manpower expenses for qualifying roles filled by Singapore citizens and 25% for non-citizens, including permanent residents, over a 24-month period.The MAS FinTech Awards track seeks to elevate Singapore's global profile as a fintech hub through events like the Singapore FinTech Festival (SFF) FinTech Excellence Awards and the Global FinTech Hackcelerator (GFH). This annual competition challenges global start-ups to develop market-ready solutions for industry problem statements.A new enhancement, the GFH Scale-up Grant, will provide eligible finalists with follow-on funding of up to S$500,000 to help them validate their solutions post-competition, attract private investment, and scale their presence in Singapore. Since the scheme's inception, GFH finalists have raised over S$3.8 billion, and more than 30 Centres of Excellence have been established.BUILDING A FINTECH ECOSYSTEMThe previous version, FSTI 3.0, involved a S$150 million commitment over three years from 2023 to 2026, supporting Centres of Excellence and introducing new tracks on environmental, social, and governance (ESG) fintech and quantum technology. It also backed advanced capability development in AI, data analytics, and regulatory technology.The second iteration of FSTI committed S$250 million from 2020 to 2023, broadening digital adoption across the financial sector and providing crucial support during the COVID-19 pandemic by enabling smaller institutions to pivot to remote work. The first iteration, from 2015 to 2020, saw a S$225 million commitment, which established the foundational ecosystem, launching tracks like Proof-of-Concept and Innovation Labs to kickstart early-stage innovation.When asked about competing with regional hubs like Hong Kong, Mr. Gan remarked that the financial industry is not a \"zero-sum game.\" He explained, \"As we get better, Hong Kong and other financial centres will also get better. And as they get better, we want to make sure that we get even better. FSTI 4.0 will help to spur innovation in the local financial sector and fintech sector, keeping Singapore competitive and ensuring that many of the innovations and solutions will also benefit the financial industries in the region.\"FINTECH INDUSTRY WELCOMES SCHEMEIndustry players have welcomed the latest iteration, noting it shifts focus from just supporting innovation to helping fintech firms commercialize and scale their solutions. Holly Fang, President of the Singapore FinTech Association, said FSTI 4.0 builds on the foundation of FSTI 3.0 with greater emphasis on adoption and commercialisation.\"I think FSTI 4.0 provides that end-to-end view and support across different stages of that journey: from innovation, to adoption, to supporting promising fintechs as they validate and scale their businesses. For Singapore to remain competitive and lead as a global fintech hub, we need to be both a place where new solutions are built, and a market where they can be deployed and scaled,\" she said.Caecilia Chu, Co-founder and CEO of multi-currency payment platform YouTrip, stated the refreshed scheme arrives at a pivotal time given the \"relatively muted\" venture capital and growth capital landscape. She added that the dedicated AI Pathfinder Track and enhanced grants will encourage businesses to be bolder in developing new AI products that benefit Singapore and the wider region.Kelvin Teo, Co-founder and director of digital financing platform Funding Societies, said the latest scheme lowers the cost and risk of experimenting with and adopting innovation and AI solutions. \"For smaller firms, that cost can be prohibitive. For larger firms, co-funding removes avoidable friction in getting budget approval internally,\" he said, adding that FSTI 4.0 provides continuity for technology projects that typically span multiple phases.On the manpower track, Mr. Teo said the focus on internships is well-timed and meaningful for entry-level talent. However, he noted the bigger challenge is attracting mid-career and senior-level professionals, as fintech firms compete with banks and global tech companies for experienced hires. \"This gap is better addressed by meaningful mid-career grants for locals, and greater certainty on the long-term settlement pathway for experienced foreign talent with families,\" he added.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":479919093953312,"gmtCreate":1758191925051,"gmtModify":1758200511343,"author":{"id":"3573016428075996","authorId":"3573016428075996","name":"Kanagaraj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573016428075996","authorIdStr":"3573016428075996"},"themes":[],"title":"","htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/479919093953312","repostId":"2568413208","repostType":2,"repost":{"id":"2568413208","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1758190477,"share":"https://ttm.financial/m/news/2568413208?lang=en_US&edition=fundamental","pubTime":"2025-09-18 18:14","market":"hk","language":"en","title":"Netflix \"Has Won The Streaming Wars,\" Analyst Says. The Stock Is a Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2568413208","media":"Dow Jones","summary":"With a near-record slice of U.S. television consumption and a slate of high-profile content in the pipeline, Netflix is a buy, Loop Capital says.The firm upgraded Netflix to Buy from Hold and lifted its price target on the stock to $1,350 from $1,150 in a research note Wednesday. The company \"has won the streaming wars,\" Loop's Alan Gould wrote.Netflix shares rose 2.1% to $1,226.25 on Wednesday. The stock, a Barron's pick in May, has climbed 38% this year and 78% over the last 12 months.Even as the streaming environment grows more crowded, Netflix has seen strong user engagement, which Loop calculates as hours viewed of top 10 weekly shows and movies in both English and non-English. The firm estimates engagement has so far increased 17% in the third quarter from the year prior, driven by shows like \"Squid Games\" and \"KPop Demon Hunters.\". The strong quarter of content has helped Netflix trend toward a new record for its estimated share of U.S. television consumption, at more than 8.5%.","content":"<html><head></head><body><p>With a near-record slice of U.S. television consumption and a slate of high-profile content in the pipeline, Netflix is a buy, Loop Capital says.</p><p>The firm upgraded Netflix to Buy from Hold and lifted its price target on the stock to $1,350 from $1,150 in a research note Wednesday. The company &#34;has won the streaming wars,&#34; Loop&#39;s Alan Gould wrote.</p><p>Netflix shares rose 2.1% to $1,226.25 on Wednesday. The stock, a Barron&#39;s pick in May, has climbed 38% this year and 78% over the last 12 months.</p><p>Even as the streaming environment grows more crowded, Netflix has seen strong user engagement, which Loop calculates as hours viewed of top 10 weekly shows and movies in both English and non-English. The firm estimates engagement has so far increased 17% in the third quarter from the year prior, driven by shows like &#34;Squid Games&#34; and &#34;KPop Demon Hunters.&#34;</p><p>The strong quarter of content has helped Netflix trend toward a new record for its estimated share of U.S. television consumption, at more than 8.5%. Longer-term threats from well-heeled competitors, Loop said, may be overblown.</p><p>&#34;We believe the Street is overly concerned with competition from a well-financed, and aggressively spending, Skydance,&#34; Gould wrote. Paramount Skydance won the streaming rights for the Ultimate Fighting Championship in August, Loop noted, but that doesn&#39;t mean Netflix will consistently be outspent for top titles.</p><p>&#34;NFLX spends $17-18B on entertainment content, more than any other company and has the most developed network for global content creation,&#34; Gould said.</p><p>Netflix will keep the content coming in the fourth quarter. A final season of &#34;Stranger Things&#34; is on the way, along with the next &#34;Knives Out&#34; film, another season of &#34;The Diplomat,&#34; and two NFL games on Christmas.</p><p>Wall Street has remained mostly optimistic on Netflix stock amid its extended bull run. Of the 54 analysts polled by FactSet, 36 have assigned the company a Buy or equivalent rating, 16 rate it a Hold, and two have counseled investors to sell.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix \"Has Won The Streaming Wars,\" Analyst Says. The Stock Is a Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix \"Has Won The Streaming Wars,\" Analyst Says. The Stock Is a Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-18 18:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>With a near-record slice of U.S. television consumption and a slate of high-profile content in the pipeline, Netflix is a buy, Loop Capital says.</p><p>The firm upgraded Netflix to Buy from Hold and lifted its price target on the stock to $1,350 from $1,150 in a research note Wednesday. The company &#34;has won the streaming wars,&#34; Loop&#39;s Alan Gould wrote.</p><p>Netflix shares rose 2.1% to $1,226.25 on Wednesday. The stock, a Barron&#39;s pick in May, has climbed 38% this year and 78% over the last 12 months.</p><p>Even as the streaming environment grows more crowded, Netflix has seen strong user engagement, which Loop calculates as hours viewed of top 10 weekly shows and movies in both English and non-English. The firm estimates engagement has so far increased 17% in the third quarter from the year prior, driven by shows like &#34;Squid Games&#34; and &#34;KPop Demon Hunters.&#34;</p><p>The strong quarter of content has helped Netflix trend toward a new record for its estimated share of U.S. television consumption, at more than 8.5%. Longer-term threats from well-heeled competitors, Loop said, may be overblown.</p><p>&#34;We believe the Street is overly concerned with competition from a well-financed, and aggressively spending, Skydance,&#34; Gould wrote. Paramount Skydance won the streaming rights for the Ultimate Fighting Championship in August, Loop noted, but that doesn&#39;t mean Netflix will consistently be outspent for top titles.</p><p>&#34;NFLX spends $17-18B on entertainment content, more than any other company and has the most developed network for global content creation,&#34; Gould said.</p><p>Netflix will keep the content coming in the fourth quarter. A final season of &#34;Stranger Things&#34; is on the way, along with the next &#34;Knives Out&#34; film, another season of &#34;The Diplomat,&#34; and two NFL games on Christmas.</p><p>Wall Street has remained mostly optimistic on Netflix stock amid its extended bull run. Of the 54 analysts polled by FactSet, 36 have assigned the company a Buy or equivalent rating, 16 rate it a Hold, and two have counseled investors to sell.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","NFLX":"奈飞","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","BK4588":"碎股","PSKY":"Paramount Skydance Corp","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","BK4548":"巴美列捷福持仓","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","BK4598":"佩洛西持仓","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU1548497426.USD":"安联环球人工智能AT Acc","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","BK4125":"广播","LU0882574139.USD":"富达环球消费行业基金A ACC","BK4534":"瑞士信贷持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU1046421795.USD":"富达环球科技A-ACC","BK4587":"ChatGPT概念"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2568413208","content_text":"With a near-record slice of U.S. television consumption and a slate of high-profile content in the pipeline, Netflix is a buy, Loop Capital says.The firm upgraded Netflix to Buy from Hold and lifted its price target on the stock to $1,350 from $1,150 in a research note Wednesday. The company \"has won the streaming wars,\" Loop's Alan Gould wrote.Netflix shares rose 2.1% to $1,226.25 on Wednesday. The stock, a Barron's pick in May, has climbed 38% this year and 78% over the last 12 months.Even as the streaming environment grows more crowded, Netflix has seen strong user engagement, which Loop calculates as hours viewed of top 10 weekly shows and movies in both English and non-English. The firm estimates engagement has so far increased 17% in the third quarter from the year prior, driven by shows like \"Squid Games\" and \"KPop Demon Hunters.\"The strong quarter of content has helped Netflix trend toward a new record for its estimated share of U.S. television consumption, at more than 8.5%. Longer-term threats from well-heeled competitors, Loop said, may be overblown.\"We believe the Street is overly concerned with competition from a well-financed, and aggressively spending, Skydance,\" Gould wrote. Paramount Skydance won the streaming rights for the Ultimate Fighting Championship in August, Loop noted, but that doesn't mean Netflix will consistently be outspent for top titles.\"NFLX spends $17-18B on entertainment content, more than any other company and has the most developed network for global content creation,\" Gould said.Netflix will keep the content coming in the fourth quarter. A final season of \"Stranger Things\" is on the way, along with the next \"Knives Out\" film, another season of \"The Diplomat,\" and two NFL games on Christmas.Wall Street has remained mostly optimistic on Netflix stock amid its extended bull run. Of the 54 analysts polled by FactSet, 36 have assigned the company a Buy or equivalent rating, 16 rate it a Hold, and two have counseled investors to sell.","news_type":1,"symbols_score_info":{"NFLX":0.9,"PSKY":0.9}},"isVote":1,"tweetType":1,"viewCount":1027,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190423445729400,"gmtCreate":1687515620005,"gmtModify":1687517343646,"author":{"id":"3573016428075996","authorId":"3573016428075996","name":"Kanagaraj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573016428075996","authorIdStr":"3573016428075996"},"themes":[],"title":"","htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190423445729400","repostId":"2345560287","repostType":2,"isVote":1,"tweetType":1,"viewCount":1745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":603257634669648,"gmtCreate":1788316684176,"gmtModify":1788318438612,"author":{"id":"3573016428075996","authorId":"3573016428075996","name":"Kanagaraj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573016428075996","authorIdStr":"3573016428075996"},"themes":[],"title":"","htmlText":"Nice thank you&nbsp;","listText":"Nice thank you&nbsp;","text":"Nice thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/603257634669648","repostId":"1163706341","repostType":2,"repost":{"id":"1163706341","kind":"news","weMediaInfo":{"introduction":"Go Trading Go","home_visible":1,"media_name":"Trading Random","id":"1081967000","head_image":"https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544"},"pubTimestamp":1788314698,"share":"https://ttm.financial/m/news/1163706341?lang=en_US&edition=fundamental","pubTime":"2026-09-02 10:04","market":"sg","language":"en","title":"Singapore Pledges S$220 Million to Boost Fintech Innovation and Talent Pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1163706341","media":"Trading Random","summary":"Singapore's central bank, the Monetary Authority of Singapore (MAS), is set to allocate S$220 million (US$173 million) to fast-track innovation within the financial technology sector, as announced by...","content":"<html><head></head><body>Singapore&#39;s central bank, the Monetary Authority of Singapore (MAS), is set to allocate S$220 million (US$173 million) to fast-track innovation within the financial technology sector, as announced by Deputy Prime Minister Gan Kim Yong.<br/><br/>This investment, distributed over a three-year period, is part of the newly unveiled fourth edition of the Financial Sector Technology and Innovation (FSTI) scheme. The initiative is designed to reinforce Singapore&#39;s status as a dynamic and competitive fintech hub.<br/><br/>The primary objectives of the scheme include the development of technology infrastructure to integrate new solutions into the financial sector, as well as bolstering talent development and attraction efforts, according to an official statement from MAS.<br/><br/>A key component of the plan is the co-funding of internship stipends to cultivate a &#34;pipeline of young talent for Singapore&#39;s fintech ecosystem.&#34; The central bank aims to facilitate at least 1,000 fintech internship opportunities in the next three years, with Singaporean citizens eligible to participate.<br/><br/>Beyond talent, the initiative seeks to anchor and scale innovative activities within Singapore, with a particular emphasis on advancing frontier technologies.<br/><br/>Mr. Gan, who also serves as Minister for Trade and Industry and Chairman of MAS, stated that these combined efforts will empower financial institutions, fintech companies, and workers to innovate, scale up, and develop the capabilities necessary to seize emerging opportunities.<br/><br/>He further noted that the government has been actively consulting with the financial industry and fintech firms to identify gaps and requirements, with plans to continue engaging the sector to refine the scheme over time.<br/><br/>The original FSTI program was first introduced back in 2015, and since its launch, it has supported over 350 fintech projects. Mr. Gan highlighted that the initiative has been instrumental in fostering a robust ecosystem for both the fintech and financial industries.<br/><br/>He pointed out that Singapore is home to more than 1,800 fintech enterprises, many of which have expanded into regional markets and serve a global clientele. The sector itself provides employment for roughly 10,000 individuals.<br/><br/>Citing recent momentum, he mentioned that in 2025 alone, the fintech sector attracted close to S$3 billion in total investment. &#34;I think the momentum will continue, and we hope that FSTI 4.0 will continue to provide that boost to the fintech industry,&#34; he said.<br/><br/><b>MANPOWER SUPPORT</b><br/><br/>The latest iteration, FSTI 4.0, will be rolled out through six distinct tracks covering areas such as institutional innovation, AI adoption, infrastructure, platforms, and talent development.<br/><br/>In addition to the internship stipend co-funding, MAS has launched a new FinTech Internship Portal, fintechinternships.sg, managed by the Singapore FinTech Association (SFA). This platform will connect fintech firms with students from Institutes of Higher Learning for internships spanning business, technology, and other functions.<br/><br/>Each internship, which can be full-time or part-time, must last at least three months and include defined learning outcomes. For each qualifying hire, MAS will support 80% of the monthly internship stipend, capped at S$1,000 per month, for up to 12 months. Participating firms can receive funding for up to 10 interns per calendar year.<br/><br/>Mr. Gan emphasized that building a talent pipeline is &#34;particularly critical&#34; in the emerging fintech industry. &#34;Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies,&#34; he stated, adding that investing in people&#39;s skills and knowledge is vital for the sector&#39;s growth and for positioning them to seize future opportunities.<br/><br/>The fintech sector has been grappling with a talent crunch and high attrition rates. A 2025 talent report from SFA indicated &#34;significant shortages&#34; in areas like AI, data science, cybersecurity, and cloud architecture, with firms citing protracted hiring times, high compensation expectations, and high turnover due to limited career development or pay.<br/><br/><b>FRONTIER TECH</b><br/><br/>Beyond manpower, other tracks in the scheme include the Institution Project Track, which supports Singapore-based financial institutions and fintech firms in developing and deploying innovative solutions. MAS will focus on frontier technologies, including AI, distributed ledger technology, and quantum technology. Projects must demonstrate significant business impact, technical feasibility, and innovativeness.<br/><br/>The AI Pathfinder track is designed to accelerate the adoption of market-tested AI solutions listed on PathFin.ai and to drive sector-wide AI usage across financial services.<br/><br/>The infrastructure and platform track supports industry-wide projects that boost efficiency, productivity, and innovation. Concurrently, the Centre of Excellence track aims to anchor high-value functions of financial institutions and fintech firms in Singapore. It will consolidate specialized talent and expertise while supporting the growth of emerging tech like AI, quantum computing, and digital assets. MAS will offer up to 50% funding support on manpower expenses for qualifying roles filled by Singapore citizens and 25% for non-citizens, including permanent residents, over a 24-month period.<br/><br/>The MAS FinTech Awards track seeks to elevate Singapore&#39;s global profile as a fintech hub through events like the Singapore FinTech Festival (SFF) FinTech Excellence Awards and the Global FinTech Hackcelerator (GFH). This annual competition challenges global start-ups to develop market-ready solutions for industry problem statements.<br/><br/>A new enhancement, the GFH Scale-up Grant, will provide eligible finalists with follow-on funding of up to S$500,000 to help them validate their solutions post-competition, attract private investment, and scale their presence in Singapore. Since the scheme&#39;s inception, GFH finalists have raised over S$3.8 billion, and more than 30 Centres of Excellence have been established.<br/><br/><b>BUILDING A FINTECH ECOSYSTEM</b><br/><br/>The previous version, FSTI 3.0, involved a S$150 million commitment over three years from 2023 to 2026, supporting Centres of Excellence and introducing new tracks on environmental, social, and governance (ESG) fintech and quantum technology. It also backed advanced capability development in AI, data analytics, and regulatory technology.<br/><br/>The second iteration of FSTI committed S$250 million from 2020 to 2023, broadening digital adoption across the financial sector and providing crucial support during the COVID-19 pandemic by enabling smaller institutions to pivot to remote work. The first iteration, from 2015 to 2020, saw a S$225 million commitment, which established the foundational ecosystem, launching tracks like Proof-of-Concept and Innovation Labs to kickstart early-stage innovation.<br/><br/>When asked about competing with regional hubs like Hong Kong, Mr. Gan remarked that the financial industry is not a &#34;zero-sum game.&#34; He explained, &#34;As we get better, Hong Kong and other financial centres will also get better. And as they get better, we want to make sure that we get even better. FSTI 4.0 will help to spur innovation in the local financial sector and fintech sector, keeping Singapore competitive and ensuring that many of the innovations and solutions will also benefit the financial industries in the region.&#34;<br/><br/><b>FINTECH INDUSTRY WELCOMES SCHEME</b><br/><br/>Industry players have welcomed the latest iteration, noting it shifts focus from just supporting innovation to helping fintech firms commercialize and scale their solutions. Holly Fang, President of the Singapore FinTech Association, said FSTI 4.0 builds on the foundation of FSTI 3.0 with greater emphasis on adoption and commercialisation.<br/><br/>&#34;I think FSTI 4.0 provides that end-to-end view and support across different stages of that journey: from innovation, to adoption, to supporting promising fintechs as they validate and scale their businesses. For Singapore to remain competitive and lead as a global fintech hub, we need to be both a place where new solutions are built, and a market where they can be deployed and scaled,&#34; she said.<br/><br/>Caecilia Chu, Co-founder and CEO of multi-currency payment platform YouTrip, stated the refreshed scheme arrives at a pivotal time given the &#34;relatively muted&#34; venture capital and growth capital landscape. She added that the dedicated AI Pathfinder Track and enhanced grants will encourage businesses to be bolder in developing new AI products that benefit Singapore and the wider region.<br/><br/>Kelvin Teo, Co-founder and director of digital financing platform Funding Societies, said the latest scheme lowers the cost and risk of experimenting with and adopting innovation and AI solutions. &#34;For smaller firms, that cost can be prohibitive. For larger firms, co-funding removes avoidable friction in getting budget approval internally,&#34; he said, adding that FSTI 4.0 provides continuity for technology projects that typically span multiple phases.<br/><br/>On the manpower track, Mr. Teo said the focus on internships is well-timed and meaningful for entry-level talent. However, he noted the bigger challenge is attracting mid-career and senior-level professionals, as fintech firms compete with banks and global tech companies for experienced hires. &#34;This gap is better addressed by meaningful mid-career grants for locals, and greater certainty on the long-term settlement pathway for experienced foreign talent with families,&#34; he added.<br/><br/>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Pledges S$220 Million to Boost Fintech Innovation and Talent Pipeline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Pledges S$220 Million to Boost Fintech Innovation and Talent Pipeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1081967000\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/c47c5e15a11ec5cf40edd30d2c7cf544);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Trading Random </p>\n<p class=\"h-time\">2026-09-02 10:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>Singapore&#39;s central bank, the Monetary Authority of Singapore (MAS), is set to allocate S$220 million (US$173 million) to fast-track innovation within the financial technology sector, as announced by Deputy Prime Minister Gan Kim Yong.<br/><br/>This investment, distributed over a three-year period, is part of the newly unveiled fourth edition of the Financial Sector Technology and Innovation (FSTI) scheme. The initiative is designed to reinforce Singapore&#39;s status as a dynamic and competitive fintech hub.<br/><br/>The primary objectives of the scheme include the development of technology infrastructure to integrate new solutions into the financial sector, as well as bolstering talent development and attraction efforts, according to an official statement from MAS.<br/><br/>A key component of the plan is the co-funding of internship stipends to cultivate a &#34;pipeline of young talent for Singapore&#39;s fintech ecosystem.&#34; The central bank aims to facilitate at least 1,000 fintech internship opportunities in the next three years, with Singaporean citizens eligible to participate.<br/><br/>Beyond talent, the initiative seeks to anchor and scale innovative activities within Singapore, with a particular emphasis on advancing frontier technologies.<br/><br/>Mr. Gan, who also serves as Minister for Trade and Industry and Chairman of MAS, stated that these combined efforts will empower financial institutions, fintech companies, and workers to innovate, scale up, and develop the capabilities necessary to seize emerging opportunities.<br/><br/>He further noted that the government has been actively consulting with the financial industry and fintech firms to identify gaps and requirements, with plans to continue engaging the sector to refine the scheme over time.<br/><br/>The original FSTI program was first introduced back in 2015, and since its launch, it has supported over 350 fintech projects. Mr. Gan highlighted that the initiative has been instrumental in fostering a robust ecosystem for both the fintech and financial industries.<br/><br/>He pointed out that Singapore is home to more than 1,800 fintech enterprises, many of which have expanded into regional markets and serve a global clientele. The sector itself provides employment for roughly 10,000 individuals.<br/><br/>Citing recent momentum, he mentioned that in 2025 alone, the fintech sector attracted close to S$3 billion in total investment. &#34;I think the momentum will continue, and we hope that FSTI 4.0 will continue to provide that boost to the fintech industry,&#34; he said.<br/><br/><b>MANPOWER SUPPORT</b><br/><br/>The latest iteration, FSTI 4.0, will be rolled out through six distinct tracks covering areas such as institutional innovation, AI adoption, infrastructure, platforms, and talent development.<br/><br/>In addition to the internship stipend co-funding, MAS has launched a new FinTech Internship Portal, fintechinternships.sg, managed by the Singapore FinTech Association (SFA). This platform will connect fintech firms with students from Institutes of Higher Learning for internships spanning business, technology, and other functions.<br/><br/>Each internship, which can be full-time or part-time, must last at least three months and include defined learning outcomes. For each qualifying hire, MAS will support 80% of the monthly internship stipend, capped at S$1,000 per month, for up to 12 months. Participating firms can receive funding for up to 10 interns per calendar year.<br/><br/>Mr. Gan emphasized that building a talent pipeline is &#34;particularly critical&#34; in the emerging fintech industry. &#34;Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies,&#34; he stated, adding that investing in people&#39;s skills and knowledge is vital for the sector&#39;s growth and for positioning them to seize future opportunities.<br/><br/>The fintech sector has been grappling with a talent crunch and high attrition rates. A 2025 talent report from SFA indicated &#34;significant shortages&#34; in areas like AI, data science, cybersecurity, and cloud architecture, with firms citing protracted hiring times, high compensation expectations, and high turnover due to limited career development or pay.<br/><br/><b>FRONTIER TECH</b><br/><br/>Beyond manpower, other tracks in the scheme include the Institution Project Track, which supports Singapore-based financial institutions and fintech firms in developing and deploying innovative solutions. MAS will focus on frontier technologies, including AI, distributed ledger technology, and quantum technology. Projects must demonstrate significant business impact, technical feasibility, and innovativeness.<br/><br/>The AI Pathfinder track is designed to accelerate the adoption of market-tested AI solutions listed on PathFin.ai and to drive sector-wide AI usage across financial services.<br/><br/>The infrastructure and platform track supports industry-wide projects that boost efficiency, productivity, and innovation. Concurrently, the Centre of Excellence track aims to anchor high-value functions of financial institutions and fintech firms in Singapore. It will consolidate specialized talent and expertise while supporting the growth of emerging tech like AI, quantum computing, and digital assets. MAS will offer up to 50% funding support on manpower expenses for qualifying roles filled by Singapore citizens and 25% for non-citizens, including permanent residents, over a 24-month period.<br/><br/>The MAS FinTech Awards track seeks to elevate Singapore&#39;s global profile as a fintech hub through events like the Singapore FinTech Festival (SFF) FinTech Excellence Awards and the Global FinTech Hackcelerator (GFH). This annual competition challenges global start-ups to develop market-ready solutions for industry problem statements.<br/><br/>A new enhancement, the GFH Scale-up Grant, will provide eligible finalists with follow-on funding of up to S$500,000 to help them validate their solutions post-competition, attract private investment, and scale their presence in Singapore. Since the scheme&#39;s inception, GFH finalists have raised over S$3.8 billion, and more than 30 Centres of Excellence have been established.<br/><br/><b>BUILDING A FINTECH ECOSYSTEM</b><br/><br/>The previous version, FSTI 3.0, involved a S$150 million commitment over three years from 2023 to 2026, supporting Centres of Excellence and introducing new tracks on environmental, social, and governance (ESG) fintech and quantum technology. It also backed advanced capability development in AI, data analytics, and regulatory technology.<br/><br/>The second iteration of FSTI committed S$250 million from 2020 to 2023, broadening digital adoption across the financial sector and providing crucial support during the COVID-19 pandemic by enabling smaller institutions to pivot to remote work. The first iteration, from 2015 to 2020, saw a S$225 million commitment, which established the foundational ecosystem, launching tracks like Proof-of-Concept and Innovation Labs to kickstart early-stage innovation.<br/><br/>When asked about competing with regional hubs like Hong Kong, Mr. Gan remarked that the financial industry is not a &#34;zero-sum game.&#34; He explained, &#34;As we get better, Hong Kong and other financial centres will also get better. And as they get better, we want to make sure that we get even better. FSTI 4.0 will help to spur innovation in the local financial sector and fintech sector, keeping Singapore competitive and ensuring that many of the innovations and solutions will also benefit the financial industries in the region.&#34;<br/><br/><b>FINTECH INDUSTRY WELCOMES SCHEME</b><br/><br/>Industry players have welcomed the latest iteration, noting it shifts focus from just supporting innovation to helping fintech firms commercialize and scale their solutions. Holly Fang, President of the Singapore FinTech Association, said FSTI 4.0 builds on the foundation of FSTI 3.0 with greater emphasis on adoption and commercialisation.<br/><br/>&#34;I think FSTI 4.0 provides that end-to-end view and support across different stages of that journey: from innovation, to adoption, to supporting promising fintechs as they validate and scale their businesses. For Singapore to remain competitive and lead as a global fintech hub, we need to be both a place where new solutions are built, and a market where they can be deployed and scaled,&#34; she said.<br/><br/>Caecilia Chu, Co-founder and CEO of multi-currency payment platform YouTrip, stated the refreshed scheme arrives at a pivotal time given the &#34;relatively muted&#34; venture capital and growth capital landscape. She added that the dedicated AI Pathfinder Track and enhanced grants will encourage businesses to be bolder in developing new AI products that benefit Singapore and the wider region.<br/><br/>Kelvin Teo, Co-founder and director of digital financing platform Funding Societies, said the latest scheme lowers the cost and risk of experimenting with and adopting innovation and AI solutions. &#34;For smaller firms, that cost can be prohibitive. For larger firms, co-funding removes avoidable friction in getting budget approval internally,&#34; he said, adding that FSTI 4.0 provides continuity for technology projects that typically span multiple phases.<br/><br/>On the manpower track, Mr. Teo said the focus on internships is well-timed and meaningful for entry-level talent. However, he noted the bigger challenge is attracting mid-career and senior-level professionals, as fintech firms compete with banks and global tech companies for experienced hires. &#34;This gap is better addressed by meaningful mid-career grants for locals, and greater certainty on the long-term settlement pathway for experienced foreign talent with families,&#34; he added.<br/><br/>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163706341","content_text":"Singapore's central bank, the Monetary Authority of Singapore (MAS), is set to allocate S$220 million (US$173 million) to fast-track innovation within the financial technology sector, as announced by Deputy Prime Minister Gan Kim Yong.This investment, distributed over a three-year period, is part of the newly unveiled fourth edition of the Financial Sector Technology and Innovation (FSTI) scheme. The initiative is designed to reinforce Singapore's status as a dynamic and competitive fintech hub.The primary objectives of the scheme include the development of technology infrastructure to integrate new solutions into the financial sector, as well as bolstering talent development and attraction efforts, according to an official statement from MAS.A key component of the plan is the co-funding of internship stipends to cultivate a \"pipeline of young talent for Singapore's fintech ecosystem.\" The central bank aims to facilitate at least 1,000 fintech internship opportunities in the next three years, with Singaporean citizens eligible to participate.Beyond talent, the initiative seeks to anchor and scale innovative activities within Singapore, with a particular emphasis on advancing frontier technologies.Mr. Gan, who also serves as Minister for Trade and Industry and Chairman of MAS, stated that these combined efforts will empower financial institutions, fintech companies, and workers to innovate, scale up, and develop the capabilities necessary to seize emerging opportunities.He further noted that the government has been actively consulting with the financial industry and fintech firms to identify gaps and requirements, with plans to continue engaging the sector to refine the scheme over time.The original FSTI program was first introduced back in 2015, and since its launch, it has supported over 350 fintech projects. Mr. Gan highlighted that the initiative has been instrumental in fostering a robust ecosystem for both the fintech and financial industries.He pointed out that Singapore is home to more than 1,800 fintech enterprises, many of which have expanded into regional markets and serve a global clientele. The sector itself provides employment for roughly 10,000 individuals.Citing recent momentum, he mentioned that in 2025 alone, the fintech sector attracted close to S$3 billion in total investment. \"I think the momentum will continue, and we hope that FSTI 4.0 will continue to provide that boost to the fintech industry,\" he said.MANPOWER SUPPORTThe latest iteration, FSTI 4.0, will be rolled out through six distinct tracks covering areas such as institutional innovation, AI adoption, infrastructure, platforms, and talent development.In addition to the internship stipend co-funding, MAS has launched a new FinTech Internship Portal, fintechinternships.sg, managed by the Singapore FinTech Association (SFA). This platform will connect fintech firms with students from Institutes of Higher Learning for internships spanning business, technology, and other functions.Each internship, which can be full-time or part-time, must last at least three months and include defined learning outcomes. For each qualifying hire, MAS will support 80% of the monthly internship stipend, capped at S$1,000 per month, for up to 12 months. Participating firms can receive funding for up to 10 interns per calendar year.Mr. Gan emphasized that building a talent pipeline is \"particularly critical\" in the emerging fintech industry. \"Not only is it a new industry, it is also evolving very rapidly with the emergence of AI and frontier technologies,\" he stated, adding that investing in people's skills and knowledge is vital for the sector's growth and for positioning them to seize future opportunities.The fintech sector has been grappling with a talent crunch and high attrition rates. A 2025 talent report from SFA indicated \"significant shortages\" in areas like AI, data science, cybersecurity, and cloud architecture, with firms citing protracted hiring times, high compensation expectations, and high turnover due to limited career development or pay.FRONTIER TECHBeyond manpower, other tracks in the scheme include the Institution Project Track, which supports Singapore-based financial institutions and fintech firms in developing and deploying innovative solutions. MAS will focus on frontier technologies, including AI, distributed ledger technology, and quantum technology. Projects must demonstrate significant business impact, technical feasibility, and innovativeness.The AI Pathfinder track is designed to accelerate the adoption of market-tested AI solutions listed on PathFin.ai and to drive sector-wide AI usage across financial services.The infrastructure and platform track supports industry-wide projects that boost efficiency, productivity, and innovation. Concurrently, the Centre of Excellence track aims to anchor high-value functions of financial institutions and fintech firms in Singapore. It will consolidate specialized talent and expertise while supporting the growth of emerging tech like AI, quantum computing, and digital assets. MAS will offer up to 50% funding support on manpower expenses for qualifying roles filled by Singapore citizens and 25% for non-citizens, including permanent residents, over a 24-month period.The MAS FinTech Awards track seeks to elevate Singapore's global profile as a fintech hub through events like the Singapore FinTech Festival (SFF) FinTech Excellence Awards and the Global FinTech Hackcelerator (GFH). This annual competition challenges global start-ups to develop market-ready solutions for industry problem statements.A new enhancement, the GFH Scale-up Grant, will provide eligible finalists with follow-on funding of up to S$500,000 to help them validate their solutions post-competition, attract private investment, and scale their presence in Singapore. Since the scheme's inception, GFH finalists have raised over S$3.8 billion, and more than 30 Centres of Excellence have been established.BUILDING A FINTECH ECOSYSTEMThe previous version, FSTI 3.0, involved a S$150 million commitment over three years from 2023 to 2026, supporting Centres of Excellence and introducing new tracks on environmental, social, and governance (ESG) fintech and quantum technology. It also backed advanced capability development in AI, data analytics, and regulatory technology.The second iteration of FSTI committed S$250 million from 2020 to 2023, broadening digital adoption across the financial sector and providing crucial support during the COVID-19 pandemic by enabling smaller institutions to pivot to remote work. The first iteration, from 2015 to 2020, saw a S$225 million commitment, which established the foundational ecosystem, launching tracks like Proof-of-Concept and Innovation Labs to kickstart early-stage innovation.When asked about competing with regional hubs like Hong Kong, Mr. Gan remarked that the financial industry is not a \"zero-sum game.\" He explained, \"As we get better, Hong Kong and other financial centres will also get better. And as they get better, we want to make sure that we get even better. FSTI 4.0 will help to spur innovation in the local financial sector and fintech sector, keeping Singapore competitive and ensuring that many of the innovations and solutions will also benefit the financial industries in the region.\"FINTECH INDUSTRY WELCOMES SCHEMEIndustry players have welcomed the latest iteration, noting it shifts focus from just supporting innovation to helping fintech firms commercialize and scale their solutions. Holly Fang, President of the Singapore FinTech Association, said FSTI 4.0 builds on the foundation of FSTI 3.0 with greater emphasis on adoption and commercialisation.\"I think FSTI 4.0 provides that end-to-end view and support across different stages of that journey: from innovation, to adoption, to supporting promising fintechs as they validate and scale their businesses. For Singapore to remain competitive and lead as a global fintech hub, we need to be both a place where new solutions are built, and a market where they can be deployed and scaled,\" she said.Caecilia Chu, Co-founder and CEO of multi-currency payment platform YouTrip, stated the refreshed scheme arrives at a pivotal time given the \"relatively muted\" venture capital and growth capital landscape. She added that the dedicated AI Pathfinder Track and enhanced grants will encourage businesses to be bolder in developing new AI products that benefit Singapore and the wider region.Kelvin Teo, Co-founder and director of digital financing platform Funding Societies, said the latest scheme lowers the cost and risk of experimenting with and adopting innovation and AI solutions. \"For smaller firms, that cost can be prohibitive. For larger firms, co-funding removes avoidable friction in getting budget approval internally,\" he said, adding that FSTI 4.0 provides continuity for technology projects that typically span multiple phases.On the manpower track, Mr. Teo said the focus on internships is well-timed and meaningful for entry-level talent. However, he noted the bigger challenge is attracting mid-career and senior-level professionals, as fintech firms compete with banks and global tech companies for experienced hires. \"This gap is better addressed by meaningful mid-career grants for locals, and greater certainty on the long-term settlement pathway for experienced foreign talent with families,\" he added.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":479919093953312,"gmtCreate":1758191925051,"gmtModify":1758200511343,"author":{"id":"3573016428075996","authorId":"3573016428075996","name":"Kanagaraj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573016428075996","authorIdStr":"3573016428075996"},"themes":[],"title":"","htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/479919093953312","repostId":"2568413208","repostType":2,"repost":{"id":"2568413208","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1758190477,"share":"https://ttm.financial/m/news/2568413208?lang=en_US&edition=fundamental","pubTime":"2025-09-18 18:14","market":"hk","language":"en","title":"Netflix \"Has Won The Streaming Wars,\" Analyst Says. The Stock Is a Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2568413208","media":"Dow Jones","summary":"With a near-record slice of U.S. television consumption and a slate of high-profile content in the pipeline, Netflix is a buy, Loop Capital says.The firm upgraded Netflix to Buy from Hold and lifted its price target on the stock to $1,350 from $1,150 in a research note Wednesday. The company \"has won the streaming wars,\" Loop's Alan Gould wrote.Netflix shares rose 2.1% to $1,226.25 on Wednesday. The stock, a Barron's pick in May, has climbed 38% this year and 78% over the last 12 months.Even as the streaming environment grows more crowded, Netflix has seen strong user engagement, which Loop calculates as hours viewed of top 10 weekly shows and movies in both English and non-English. The firm estimates engagement has so far increased 17% in the third quarter from the year prior, driven by shows like \"Squid Games\" and \"KPop Demon Hunters.\". The strong quarter of content has helped Netflix trend toward a new record for its estimated share of U.S. television consumption, at more than 8.5%.","content":"<html><head></head><body><p>With a near-record slice of U.S. television consumption and a slate of high-profile content in the pipeline, Netflix is a buy, Loop Capital says.</p><p>The firm upgraded Netflix to Buy from Hold and lifted its price target on the stock to $1,350 from $1,150 in a research note Wednesday. The company &#34;has won the streaming wars,&#34; Loop&#39;s Alan Gould wrote.</p><p>Netflix shares rose 2.1% to $1,226.25 on Wednesday. The stock, a Barron&#39;s pick in May, has climbed 38% this year and 78% over the last 12 months.</p><p>Even as the streaming environment grows more crowded, Netflix has seen strong user engagement, which Loop calculates as hours viewed of top 10 weekly shows and movies in both English and non-English. The firm estimates engagement has so far increased 17% in the third quarter from the year prior, driven by shows like &#34;Squid Games&#34; and &#34;KPop Demon Hunters.&#34;</p><p>The strong quarter of content has helped Netflix trend toward a new record for its estimated share of U.S. television consumption, at more than 8.5%. Longer-term threats from well-heeled competitors, Loop said, may be overblown.</p><p>&#34;We believe the Street is overly concerned with competition from a well-financed, and aggressively spending, Skydance,&#34; Gould wrote. Paramount Skydance won the streaming rights for the Ultimate Fighting Championship in August, Loop noted, but that doesn&#39;t mean Netflix will consistently be outspent for top titles.</p><p>&#34;NFLX spends $17-18B on entertainment content, more than any other company and has the most developed network for global content creation,&#34; Gould said.</p><p>Netflix will keep the content coming in the fourth quarter. A final season of &#34;Stranger Things&#34; is on the way, along with the next &#34;Knives Out&#34; film, another season of &#34;The Diplomat,&#34; and two NFL games on Christmas.</p><p>Wall Street has remained mostly optimistic on Netflix stock amid its extended bull run. Of the 54 analysts polled by FactSet, 36 have assigned the company a Buy or equivalent rating, 16 rate it a Hold, and two have counseled investors to sell.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix \"Has Won The Streaming Wars,\" Analyst Says. The Stock Is a Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix \"Has Won The Streaming Wars,\" Analyst Says. The Stock Is a Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-18 18:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>With a near-record slice of U.S. television consumption and a slate of high-profile content in the pipeline, Netflix is a buy, Loop Capital says.</p><p>The firm upgraded Netflix to Buy from Hold and lifted its price target on the stock to $1,350 from $1,150 in a research note Wednesday. The company &#34;has won the streaming wars,&#34; Loop&#39;s Alan Gould wrote.</p><p>Netflix shares rose 2.1% to $1,226.25 on Wednesday. The stock, a Barron&#39;s pick in May, has climbed 38% this year and 78% over the last 12 months.</p><p>Even as the streaming environment grows more crowded, Netflix has seen strong user engagement, which Loop calculates as hours viewed of top 10 weekly shows and movies in both English and non-English. The firm estimates engagement has so far increased 17% in the third quarter from the year prior, driven by shows like &#34;Squid Games&#34; and &#34;KPop Demon Hunters.&#34;</p><p>The strong quarter of content has helped Netflix trend toward a new record for its estimated share of U.S. television consumption, at more than 8.5%. Longer-term threats from well-heeled competitors, Loop said, may be overblown.</p><p>&#34;We believe the Street is overly concerned with competition from a well-financed, and aggressively spending, Skydance,&#34; Gould wrote. Paramount Skydance won the streaming rights for the Ultimate Fighting Championship in August, Loop noted, but that doesn&#39;t mean Netflix will consistently be outspent for top titles.</p><p>&#34;NFLX spends $17-18B on entertainment content, more than any other company and has the most developed network for global content creation,&#34; Gould said.</p><p>Netflix will keep the content coming in the fourth quarter. A final season of &#34;Stranger Things&#34; is on the way, along with the next &#34;Knives Out&#34; film, another season of &#34;The Diplomat,&#34; and two NFL games on Christmas.</p><p>Wall Street has remained mostly optimistic on Netflix stock amid its extended bull run. Of the 54 analysts polled by FactSet, 36 have assigned the company a Buy or equivalent rating, 16 rate it a Hold, and two have counseled investors to sell.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","NFLX":"奈飞","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","BK4588":"碎股","PSKY":"Paramount Skydance Corp","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","BK4548":"巴美列捷福持仓","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","BK4598":"佩洛西持仓","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU1548497426.USD":"安联环球人工智能AT Acc","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","BK4125":"广播","LU0882574139.USD":"富达环球消费行业基金A ACC","BK4534":"瑞士信贷持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU1046421795.USD":"富达环球科技A-ACC","BK4587":"ChatGPT概念"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2568413208","content_text":"With a near-record slice of U.S. television consumption and a slate of high-profile content in the pipeline, Netflix is a buy, Loop Capital says.The firm upgraded Netflix to Buy from Hold and lifted its price target on the stock to $1,350 from $1,150 in a research note Wednesday. The company \"has won the streaming wars,\" Loop's Alan Gould wrote.Netflix shares rose 2.1% to $1,226.25 on Wednesday. The stock, a Barron's pick in May, has climbed 38% this year and 78% over the last 12 months.Even as the streaming environment grows more crowded, Netflix has seen strong user engagement, which Loop calculates as hours viewed of top 10 weekly shows and movies in both English and non-English. The firm estimates engagement has so far increased 17% in the third quarter from the year prior, driven by shows like \"Squid Games\" and \"KPop Demon Hunters.\"The strong quarter of content has helped Netflix trend toward a new record for its estimated share of U.S. television consumption, at more than 8.5%. Longer-term threats from well-heeled competitors, Loop said, may be overblown.\"We believe the Street is overly concerned with competition from a well-financed, and aggressively spending, Skydance,\" Gould wrote. Paramount Skydance won the streaming rights for the Ultimate Fighting Championship in August, Loop noted, but that doesn't mean Netflix will consistently be outspent for top titles.\"NFLX spends $17-18B on entertainment content, more than any other company and has the most developed network for global content creation,\" Gould said.Netflix will keep the content coming in the fourth quarter. A final season of \"Stranger Things\" is on the way, along with the next \"Knives Out\" film, another season of \"The Diplomat,\" and two NFL games on Christmas.Wall Street has remained mostly optimistic on Netflix stock amid its extended bull run. Of the 54 analysts polled by FactSet, 36 have assigned the company a Buy or equivalent rating, 16 rate it a Hold, and two have counseled investors to sell.","news_type":1,"symbols_score_info":{"NFLX":0.9,"PSKY":0.9}},"isVote":1,"tweetType":1,"viewCount":1027,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190423445729400,"gmtCreate":1687515620005,"gmtModify":1687517343646,"author":{"id":"3573016428075996","authorId":"3573016428075996","name":"Kanagaraj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573016428075996","authorIdStr":"3573016428075996"},"themes":[],"title":"","htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190423445729400","repostId":"2345560287","repostType":2,"isVote":1,"tweetType":1,"viewCount":1745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}