Singapore
Affluent cardholders lead spending, travel activity after F1 race: Visa
Affluent cardholders lead spending, travel activity after F1 race: Visa
																					
							Affluent card users have 65% more shopping spend whilst 35% of travellers visited other places post-race weekend.
						
					
					
								1 day ago
							
											MAS, police tighten coordination for Prince Holding Group probe
																					
							MAS said FIs have filed early alerts and shut suspect accounts, limiting fund exposure.
						
					
					
								1 day ago
							
											HSBC Innovation Banking launches Singapore operations with $1.5b fund
																					
							Neil Falconer has been appointed to lead the Singapore arm of HSBC Innovation Banking.
						
					
					
								4 days ago
							
											DBS and Goldman Sachs complete first interbank OTC crypto options trade
																					
							Industry observers say this could accelerate the development of an interbank market for crypto derivatives.
						
					
					
								5 days ago
							
											Here's how UOB plans to grow its wealth and wholesale units
																					
							For its wholesale banking business, UOB is touting its financing of supply chains as key for growth.
						
					
					
				How Gen AI is transforming banks’ financial advice, risk, and operations
																					
							Gen AI can be used to reimagine distribution, improve financial advise, and transform risk management.
						
					
					
				Why Singapore’s fast payments need faster protections
																					
							APP fraud isn’t your typical cybercrime— it bypasses every traditional defence.
						
					
					
				Jewel Changi, Mastercard renew partnership amidst rising visitor spend
																					
							Cardholder privileges at airport offerings aim to boost spending.
						
					
					
				Singapore banks show weak brand-experience alignment in 2025
																					
							Citibank and DBS were the only banks to achieve high rankings.
						
					
					
				Singapore banks face softer earnings as NIMs stay under pressure
																					
							DBS also noted growing focus on Singapore banks’ Hong Kong exposures.
						
					
					
				SG banks' Q3 profit seen slipping up to 1.6% QoQ on lower interest rates
																					
							Lower interest rates outweighed improved investor sentiments.
						
					
					
				Alipay+ expands digital services as SGQR payments surge
																					
							Cross-border payment acceptance for Alipay+ now includes more than 100 markets.
						
					
					
				UOB sees rising trade finance demand in ASEAN and Greater China
																					
							Digital payments made up 90% of total transaction volumes in the first half.
						
					
					
				Banks see sharp drop in cheque use ahead of 2027 phaseout
																					
							More people are using e-payment solutions such as PayNow and FAST.
						
					
					
				Singapore extends lead as regional fintech hub with 84% share
																					
							Regionally, fintech funding fell sharply to $1.1b (US$839m), down 39% from the same period in 2024.
						
					
					
				Simplified SFO tax scheme to reduce friction, ensure benefits, MAS says
																					
							MAS recently announced plans to ease requirements on the tax framework for single family offices.
						
					
					
				MAS, banks move to address PayNow surcharge amid fee concerns
																					
							Singapore’s central bank says banks must ensure transparency as it reviews surcharges on PayNow.
						
					
					
				
								
								
								
								
								
								
								
								
								
								
								
								
								
								
								
								
								
						
                
                
                
                
                
                
                
                
Commentary
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections