Singapore

Singapore payments to hit $114b by 2030

Singapore payments to hit $114b by 2030

Transaction value reached $39b in 2023 and is projected to grow 16.3% annually.
2 hours ago

OCBC enables remote business account opening in Malaysia via Singpass

The bank will authenticate business owners remotely without need to visit a branch.
4 days ago

DBS brings tokenised physical gold to retail investors via digibank

It is also exploring plans to list the token on DDEx.
4 days ago

DBS, HSBC, AIA and more convene at ABF IA Summit Singapore on 1 July

Leading voices from the banking and insurance industries will meet at Andaz Singapore to discuss trust, transformation, and AI.
5 days ago

HSBC and Mastercard pilot AI agents for automated e-commerce payments

It automates procurement and payments between corporate buyers and suppliers.
5 days ago

Credit Bureau and Experian Malaysia sign credit reporting MoU

The partnership will support consented cross-border credit report applications between Singapore and Malaysia.
5 days ago

Singapore banks lean on wealth and higher global yields for growth

The sector is likely to see return on equity expansion thanks to NII growth.
5 days ago

Citibank Singapore offers Citigold clients one-day Porsche test drives

They can also have a light breakfast, and a 60 to 90 minute accompanied test drive.
6 days ago

UOB's potential asset management sale could unlock value for wealth push

The bank is likely to reinvest any proceeds to enhance its advisory capabilities.

OCBC unveils local physical gold service for institutional clients

The bank will offer 12.4kg gold bars alongside 1kg kilobars. 

DBS Remit adds Weixin Pay as transactions surge eightfold

Average ticket sizes have grown to over S$800 since February.

How can Singapore’s big banks offset weaker lending margins?

Net interest income at DBS, OCBC, and UOB is expected to fall this year.

DBS rolls out ‘tap-to-phone’ payments at MAX app

Stall merchants will be able to activate the service in three steps, the bank said.

UnionPay and STB renew 3-year deal to boost Singapore tourism spending

They will partner with banks, luxury travel platforms, and tourism stakeholders.

Singapore's private banker crunch clouds $4.22t cross-border wealth boom

Billionaire wealth jumped 66.4%, lifting the market past Australia. 

Singapore banks stretch hiring as caution deepens

Headcount across 15 lenders rose just 0.005% in 2025.

DBS to open 18 new wealth centres by 2027

The bank will also upgrade 36 existing centres over the next 18 months.