Singapore
Massage chair maker V3 in talks with Temasek unit for digital bank license bid
Massage chair maker V3 in talks with Temasek unit for digital bank license bid
V3 recently created a fintech unit and hired a former CEO of a Temasek unit as adviser.
Singapore fintechs nab 51% of funding in ASEAN as of Q3
Singapore Life’s $150.39m funding was amongst the year’s notable deals.
OCBC to enable PayNow fund transfers by January 2020
This will make Singapore the second country to launch new version of Google Pay.
Singapore's big three banks averaged total return of 12% YTD
DBS, OCBC and UOB have averaged an 8% YTD growth in net profit to a combined $11.85b.
The machine learning challenge: Why does it matter to banks in Singapore?
Understanding the intricacies of global best practices and adapting to it will set machine learning (ML) on a successful course; highly skilled accountants are vital to that process – including those in the banking industry.
Central Bank of France to open first Asian office in Singapore
It aims to forge closer relations with APAC central banks and financial authorities.
South Korea launches digital open banking service
Users may access all local bank accounts through their own mobile banking apps.
DBS rolls out QR payments in 27 Singapore hospitals
DBS has worked with three healthcare clusters on the payment infrastructure.
Coordination, cooperation, collaboration: Closing the trade finance gap together
The trade finance gap is a serious issue that is impacting the health of global trade and business development in many countries across the world. Trade finance is the fuel of global trade, upon which 80 to 90% of world trade relies, and if access to trade finance is compromised for certain companies, global trade will be unable to reach its full potential.
UOB launches digital finance management service
Customers can track the state of their finances, chase refunds, and monitor subscriptions.
DBS Group profits up 15% $1.63b in Q3
This was due to higher net interest income, loan growth, and fee income.
Singapore's central bank may extend $225m fintech funding programme beyond 2020
It eyes increased investments in cybersecurity and AI.
AML due diligence: Tracking the good, the bad before it turns ugly
As the ways and means of hiding dirty money rise, banks, MAS and law enforcement must keep up.
Singapore seeks to be Southeast Asia's virtual bank and fintech hub
It seeks to tap into a digital channels market which could be worth $110b by 2025.
Siam Commercial Bank launches cross-border QR payments in Singapore and Thailand
Singapore merchants can offer promotions and deals through the SCB Easy app.
MAS, Bank Indonesia extend $10b bilateral financial agreement
The deal allows the two banks to access foreign liquidity from each other.
Which credit card enjoys the highest customer satisfaction rate in Singapore?
AMEX pulled ahead of DBS and PSOB.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership