Singapore
NRIC numbers alone cannot initiate payments, fund transfers: ABS
NRIC numbers alone cannot initiate payments, fund transfers: ABS
ABS advised customers to change their login passwords if they are using their NRIC number.
12 hours ago
Singapore bankers to see up to 30% pay rise in 2025
But overall hiring trend remains cautious with employers opting for replacement hiring.
1 day ago
Trust Bank gamifies new goal-based saving feature
It allows users to set personalised savings targets and manage up to five pot.
3 days ago
UOB taps Leong Yung Chee as new CFO
The appointment will take effect on 22 April 2025.
4 days ago
OCBC sets up dedicated teams in Singapore, Malaysia to support SMEs
The two teams will comprise 25 experienced bankers.
Singapore needs layered strategy against fraud
Scam and cybercrime cases in the city-state rose 18% to 28,751 in the first half.
7 in 10 Singaporeans financially struggle with partners: survey
Couples identified unexpected expenses as a leading cause of stress.
DBS names new Singapore country head, group head of IBG
Han Kwee Juan and Lin Him Chuan will take over their new roles on 1 Jan 2025.
HSBC appoints Annie Lim as GPB desk head for Singapore
Lim joins from Lombard Odier and spent 11 years with Credit Suisse.
SG banks see over 1,800 cyberattacks weekly in past six months
The financial sector ranks as the third most targeted industry.
Affluent investors in SG demand more integrated wealth management solutions: survey
Wealthier individuals are particularly receptive to automated solutions.
DBS, IMDA future-proof SMEs with Spark GenAI
The bank plans to engage 50,000 businesses over the next two years.
JPMorgan Chase Bank fined $2.4m for oversight lapses in bond transactions
The bank had already paid the civil penalty.
Singapore banks well-positioned to manage challenges: MAS
The banking system has strong capital and liquidity buffers, the central bank said.
TrustBank to launch investment solution in 2025
It has opened a waitlist.
MAS issues 14-year prohibition orders against Loh Sheng Yang
Yang was convicted of cheating, forgery, and acquiring criminal benefits.
Barclays to establish private bank booking centre in Singapore
The bank will provide quasi-institutional investment solutions.
Commentary
Southeast Asia’s digital banks – the road from good to great