Singapore

Mastercard bets on ‘agentic commerce’ to transform payments

Central to this effort is Mastercard’s Agent Pay framework.

SG, UK launch first-ever AI in finance collaboration

It aims to enhance cross-border opportunities for financial institutions and AI firms.

Singapore builds a three-tier strategy to future-proof its workforce

The plan spans basic AI literacy to advanced development as technology reshapes jobs.

Singapore pursues digital economy ties with ASEAN and global blocs: DPM

DPM Gan also said Singapore is focusing especially on financial services to stay globally relevant.

UOB CEO calls for banks, fintechs, regulators to align on AI standards and trust

Technology should empower people, not replace human judgment and empathy.

Asia’s regulators need to match banks’ digital pace, GFTN says

Good regulation, he argued, should function as “a safety belt, not a brake."

CIMB, Frasers Property to offer SG’s first ‘pay-as-you-earn’ loan

Benefits include first-year savings of up to $7,360 and annual savings of up to $6,360.

DBS launches Gen-AI virtual assistant for corporate clients

The service provides 24/7 corporate banking support via the IDEAL platform.

MAS, OJK renew partnership to drive ASEAN FinTech growth

Theartnership focuses on cross-border knowledge sharing and regulatory cooperation.

Franklin Templeton launches Singapore’s first tokenised fund

The fund leverages blockchain technology to enable fractional ownership, lowering the minimum investment to just US$20.

OCBC could distribute $460.7m in additional capital to investors

This would equate to about 13 Singaporean cents per share.

OCBC net profit holds steady at $1.98b in Q3

Quarter-on-quarter, net profit was up 9% from $1.82b.

Fighting fraud in the digital banking age

Cybercriminals are exploiting new weaknesses, with digital document forgeries up 244% year-over-year.

OCBC names Melvyn Low as group chief strategy & transformation officer

He will continue to lead the global transaction banking division.

UOB’s net profit down 16% to $443m in Q3

This was due to net interest income declining 8% year on year to $2.3b.