Singapore

MAS pilots cross-bank AI models to detect scam risks

MAS pilots cross-bank AI models to detect scam risks

All sensitive data used in the exercise will be permanently deleted once complete.
35 minutes ago

HitPay eyes bigger share of traveller payments via QR

Borderless QR lets tourists pay in home wallets with local settlement.
1 day ago

DBS’ net profit up 1% to S$2.93b in Q1 on record total income

Wealth management growth drove up fee income and treasury customer sales to new highs.
4 days ago

GXS Bank, Funding Societies offer property‑backed SME financing in Singapore

New product offers up to $1.57m financing for SG SMEs using residential or commercial property as collateral.
5 days ago

Bank of Singapore reshuffles advisory team amidst UHNW focus

Jiawen Guo will oversee the Singapore based wealth advisory group.

Why do Singapore banks dominate brand value rankings?

Resilient balance sheets and steady growth are amongst the key reasons.

Ant Int’l deploys privacy enhancing technologies in Alipay+

Only encrypted data is transferred to Alipay+ for processing.

Singapore bank margins hit as SGD tightening triggers 'safe-haven flush'

Stronger SGD attracts global capital seeking safety from Middle East instability.

HSBC appoints Desmond Kuang as Asia chief investment officer

He is currently the chief investment officer for China.

Standard Chartered and A*STAR set up an AI for Banking Innovation Lab

The three-year partnership is expected to accelerate AI research.

HSBC unveils biggest wealth centre in Singapore

Wood, stone, and textured fabrics with layered lighting create a private space.

DBS and OCBC face weaker Q1 profits despite wealth gains

Both are expected to report growth in treasury customer sales.

UOB faces margin pressure in Q1 as fees ease

Wealth management fees may grow at around 3.3% YoY during the quarter, said CGSI.

OCBC rolls out gen AI skills training programme for wealth advisors

It is now live in Singapore and will be rolled out in Malaysia and Hong Kong at a later date.

StashAway launches lifetime perks for regular investors

They can get an additional 0.15% pa returns or add to their ETF portfolio with no order fee.

DBS Q1 profit may fall to $2.2b on margin pressure and record wealth fees

Wealth fees could grow by around 10.5% year-on-year, analysts said.

DBS appoints sustainability leader to drive Asia’s low-carbon push

Kelvin Wong will serve as Chief Sustainability Officer, starting 11 May.