Singapore
China’s XTransfer granted electronic money institution license in the Netherlands
China’s XTransfer granted electronic money institution license in the Netherlands
They plan to expand services across 30 countries in Europe.
20 hours ago
DBS adds extra toggle when adding cards to mobile wallets
This creates a “deliberate pause” for users to verify their intention, the bank said.
21 hours ago
Sea rebrands digital finance business SeaMoney to Monee
It has also opened a new headquarters for its digital finance operations.
21 hours ago
OCBC’s net profit rose 5% to S$1.88b in Q1 2025
Earnings per share is S$1.68 for the quarter.
22 hours ago
DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses.
Interim dividend is 60 cents per ordinary share.
1 day ago
UOB reports flat net profit growth in Q1 despite record fee income
Net fee income rose to a new high but non-interest income fell.
2 days ago
Standard Chartered appoints Noelle Eder as group head of tech & operations
She is based in Singapore and reports to group chief exec Bill Winters.
UOB inks MOU with Accenture for AI adoption and application
UOB will also upskill its employees.
SG banks to report mixed NIM, strong wealth and trade income for Q1
NIMs for the quarter may be flat to declining quarter-on-quarter.
Revolut Singapore hits first year of net profitability in 2024
Annual revenue rose 70% YoY and profit margin is 15%, it said.
HSBC Singapore unveils wealth centre at The Star Vista mall
Premier customers can enjoy complimentary refreshments at the adjacent café.
ANZ names Chris Raciti as country head of ANZ Singapore
He will also have oversight for eight markets in SEA, India, and the Middle East.
Payment infrastructure provider Juspay offers new office in Singapore
It shared plans to scale its Singapore team.
Syfe to acquire Aussie investment platform Selfwealth
Selfwealth will delist from the ASX and begin privately trading as Selfwealth by Syfe.
DBS and OCBC expected to report lower margin in Q1 on SORA easing
Both banks’ asset qualities could deteriorate in the second half of 2025, an analyst said.
CIMB pledges S$2.98b to support Johor-Singapore SEZ
The platform offers tailored support services including fast-track account setup, regulatory guidance, and banking solution.
YouTrip launches MYR wallet and offers free weekend shuttle service
Users will have to prebook slots for the shuttle services.
Commentary
The Asian connection: China's path to sustainable growth