Singapore

Half of Singapore's emerging affluent highly dependent on insufficient savings

The move has proven inadequate as they remain far from financial goal.

DBS launches ‘matchmaking' platform linking clients and startups

Participating firms can name the bank as their anchor client during fundraising activities.

UOB Q3 profits up 17% to $752.28m

Net interest income drove earnings up and sharply grew by 14% to $1.6b.

DBS launches chatbot Foodster for online meal ordering

It will allow customers to order food through Facebook Messenger and pay through DBS.

Ride hailing firm Grab inks prepaid card partnership with Mastercard

Customers can transact and top up their prepaid cards through any drivers and merchants.

SmartStream steps ahead with new industry digital payments solution

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, announced the launch of TLM Aurora, the industry’s leading reconciliation platform.

UOB fully digitises consumer banking business

Opening an account can be done in less than 15 minutes.

Chart of the Week: APAC eats up global payments pie but lags in electronification

The region's e-payment transactions are up to 65% lower than Europe's.

Weekly Global News Wrap Up: US banks' credit card war heats up; Lenders curb China travel after UBS banker departure ban

And here's the latest move of Goldman Sachs to expand its client base beyond the ultra-rich.

Singapore banks fall from grace as lending and non-interest income takes hit

Volatile markets may cut up to 15% of DBS and OCBC's non-interest income.

UOB to support Shandong-based firms' Southeast Asian expansion with $432.47m funding

It inked a memorandum of understanding with Chinese conglomerate Shanghai Qilu.

Singapore banks turn to loans to boost earnings as wealth income weakens

Wealth management income may have already peaked in H1 2018.

UOB kicks off Engagement Lab in Southeast Asia

It will use behavioural insights to improve saving and spending habits.

Chart of the Week: Which ASEAN country has the largest branch network?

Thailand and Indonesia are the branch-heavy countries.