Singapore
HSBC, SBF to help Singapore businesses scale GBA, India, Middle East
HSBC, SBF to help Singapore businesses scale GBA, India, Middle East
HSBC launched a business guide and will offer net zero transition solutions.
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.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
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.
Singapore banks are phasing out OTPs for logins
Banks will instead use digital tokens to authenticate bank account login attempts.
OCBC unveils financial programme for SG’s 36,000 property agents
It offers preferential home rates and bonus interest, amongst others.
Maybank Singapore rolls out money lock feature
Customers will need to visit branches or use select ATMs to unlock funds.
CIMB SGoffers up to 3.88% limited-time rate for new business customers
The offer is valid until 31 August 2024.
Singapore proposes strengthened anti-money laundering bill
This includes empowering law enforcement agencies in prosecuting ML offences.
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