Singapore

Startups no longer have to wait for a day to have an account.

It will be used to build a hotel and a construction and prefabrication hub.

This was driven by a healthy loan growth of 8%.

It will roll out a multi-manager fund on 1 November.

They are in hot demand as the city prepares to grant virtual bank licenses.

The FSI Innovation Day 2019 event gathered over 20 of SG’s banking elite for an afternoon of insights and knowledge sharing.

Over 3 million in combined mobile and NRIC numbers are registered to the service.

Some might still perceive millennials as a generation of teenagers obsessed with avocado toasts and fancy festivals. However, the upper bracket of today’s millennials are now almost 40 years old and many of them are entering their prime spending years. Over the next three decades, millennials would have inherited 30 trillion US dollars, and by next year they will make up 50% of the total global workforce.

He will share how banks can execute their digital transformation agendas.

Southeast Asia’s only landlocked country looks promising for online lending.

By analysing massive data volumes, UOB is able to slash loan processing time by 60%.

He says incumbents have to resist jumping into copycat initiatives.

Ernst & Young’s advisory partner will discuss how trust will look like in the digital age.

Banking staff at Singapore’s 18 largest commercial banks grew 5.47% in the last two years.

Investment value in mature fintechs expanded to $604.97m despite the lower number of deals.

The managing director will share how to speed up digitisation through the APIX platform.