Singapore
Ecosystem, data key for banks to keep up with disruptors
Banks must become the main choice of the customer, an analyst said.
20 hours ago
Ecosystem, data key for banks to keep up with disruptors
Banks must become the main choice of the customer, an analyst said.
20 hours ago
Singapore’s cash use in POS to fall at just 7% by 2027: study
E-wallets will become Singaporeans’ payment method of choice.
1 day ago
UOB names Susan Hwee as head of group retail
Eddie Khoo to retire; Lawrence Goh is new head of GTO.
2 days ago
UOB to see 200 tonne-reduction in CO2e emissions with DHL pact
UOB’s international parcel deliveries will now use sustainable aviation fuel.
2 days ago
DBS launches bond portfolio managed by BlackRock
Customers can invest for a minimum of $1,000 and a 0.6% annual management fee.
2 days ago
HSBC, SBF to help Singapore businesses scale GBA, India, Middle East
HSBC launched a business guide and will offer net zero transition solutions.
3 days ago
UOB secures major wins at ABF Wholesale Banking Awards 2024
UOB excels in AI, Digital Transformation, and Health & Wellness, showcasing its leadership in innovation and its dedication to comprehensive employee well-being.
5 days ago
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
6 days ago
Standard Chartered bolsters Singapore private banking with new hires
The bankers hail from UBS, HSBC, Credit Suisse, and Deutsche Bank.
DBS rolls out gen AI assistant to customer service workforce
CSO assistant is expected to benefit its over 500 CSO staff in Singapore.
China’s XTransfer gains in-principle approval for Singapore MPI license
XTransfer plans to launch e-business wallet services in the Lion City.
SG’s Maribank names ex-Trust Bank exec as new CEO
Natalia Goh takes over from Zheng Yudong, who will remain an advisor.
Great Eastern halts trading of its shares in SGX
This follows OCBC's increased shareholding in the insurer.
Fave Singapore clinches in-principle approval in Singapore
It can now offer account issuance and domestic money transfer services in SG.
Maybank SG prevents S$1.21m loss across 19 cases
The bank worked with the SPF to intervene in 19 scam cases.
Value of loans to SG SMEs fell by 42% in 2023
There were less SMEs earning $300,000 a month who took out loans.
DDEx’s digital token trade value triples in 5M 2024
Active trading clients have also grown by 36% during the period.
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1. DBS launches bond portfolio managed by BlackRock 2. OCBC unveils next-generation programme for wealthy customers 3. KPay merchants can now accept payments from HSBC’s PayMe app 4. HSBC, SBF to help Singapore businesses scale GBA, India, Middle East 5. UOB names Susan Hwee as head of group retailResource Center
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The Future of Payments: Ensuring Stability, Embracing Innovation
![The Future of Payments: Ensuring Stability, Embracing Innovation]()
Co-Written / Partner
As technology continues to evolve, financial institutions must persist with refining seamless and secure payment experiences for consumers.
As technology continues to evolve, financial institutions must persist with refining seamless and secure payment experiences for consumers.
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