Singapore

Alipay+ enables usage of 6 international e-wallets in Singapore

Its merchants can now accept payments from up to 12 overseas e-wallets.

Alipay+ enables usage of 6 international e-wallets in Singapore

Its merchants can now accept payments from up to 12 overseas e-wallets.

Singapore leaders pay tribute to late banking tycoon Wee Cho Yaw

Wee was hailed as a visionary leader and for his contributions to education and culture.

UOB charman emeritus Wee Cho Yaw passes away at 95

He expanded UOB to a multinational bank present in over 19 countries and territories. 

SG SMEs seek cross-border payments for overseas goals

6 in 10 small businesses use an app to make int’l payments, with 3 in 10 having experienced issues.

DBS merges brokerage, digital exchange with treasury markets business

The new group, Global Financial Markets (GFM), will be headed by Andrew Ng.

OCBC expands money lock feature to time deposits

The feature has been used by 30,000 customers.

DBS, OCBC to log higher net profits, muted loan growth for Q4: analyst

DBS may hike its quarterly dividend by 6 cents to return surplus capital.

Citi SG, Mastercard offer enhance debit card privileges to high net worth clients

Citibank has also pledged to restore 1,000 trees monthly over a two-year period.

DBS targets all manned branches to be green mark platinum certified by end-2024

Currently, 33 of its 41 manned branches have already clinched the rating.

NETS to resume selling and use of FlashPay card

The current card-based ticketing system will operate alongside the SimplyGO system.

Ex-JP Morgan banker named chairman of Bahrain neobank Singapore Gulf Bank

Edmund Lee was formerly vice chairman of APAC for JP Morgan Chase & Co.

Maybank Singapore unveils CPF time deposit for 2.9% per annum

They must allot at least S$20,000 from their CPF ordinary accounts to the time deposit account.

1 in 3 Singaporeans use digital investment apps

There is a desire in the local population to increase private wealth, says UnaFinancial.

Singapore now has S$3.2b in funds ‘locked’ to prevent scams: ABS

Around 38,000 accounts now make use of local banks’ money lock feature.

SG startup Qashier launches QR payment terminal

It accepts the majority of e-wallet QR payments and is expected to benefit hawkers and minimarts.

NETS replacing FlashPay Cards with Prepaid Cards

NETS FlashPay Cards can be exchanged for NETS Prepaid Cards at any 44 SimplyGo Ticket Offices.

CIMB Singapore triumphs in multiple categories with innovative financial solutions

The bank took home awards for Singapore International Cash Management Bank of the Year, Singapore International SME Partnership Initiative Bank of the Year, Syndicated Loan of the Year -  Singapore and Innovative Deal of the Year - Singapore.