Singapore
Singapore payments to hit $114b by 2030
Singapore payments to hit $114b by 2030
Transaction value reached $39b in 2023 and is projected to grow 16.3% annually.
OCBC enables remote business account opening in Malaysia via Singpass
The bank will authenticate business owners remotely without need to visit a branch.
DBS brings tokenised physical gold to retail investors via digibank
It is also exploring plans to list the token on DDEx.
DBS, HSBC, AIA and more convene at ABF IA Summit Singapore on 1 July
Leading voices from the banking and insurance industries will meet at Andaz Singapore to discuss trust, transformation, and AI.
HSBC and Mastercard pilot AI agents for automated e-commerce payments
It automates procurement and payments between corporate buyers and suppliers.
Credit Bureau and Experian Malaysia sign credit reporting MoU
The partnership will support consented cross-border credit report applications between Singapore and Malaysia.
Singapore banks lean on wealth and higher global yields for growth
The sector is likely to see return on equity expansion thanks to NII growth.
Citibank Singapore offers Citigold clients one-day Porsche test drives
They can also have a light breakfast, and a 60 to 90 minute accompanied test drive.
UOB's potential asset management sale could unlock value for wealth push
The bank is likely to reinvest any proceeds to enhance its advisory capabilities.
OCBC unveils local physical gold service for institutional clients
The bank will offer 12.4kg gold bars alongside 1kg kilobars.
DBS Remit adds Weixin Pay as transactions surge eightfold
Average ticket sizes have grown to over S$800 since February.
How can Singapore’s big banks offset weaker lending margins?
Net interest income at DBS, OCBC, and UOB is expected to fall this year.
DBS rolls out ‘tap-to-phone’ payments at MAX app
Stall merchants will be able to activate the service in three steps, the bank said.
UnionPay and STB renew 3-year deal to boost Singapore tourism spending
They will partner with banks, luxury travel platforms, and tourism stakeholders.
Singapore's private banker crunch clouds $4.22t cross-border wealth boom
Billionaire wealth jumped 66.4%, lifting the market past Australia.
Singapore banks stretch hiring as caution deepens
Headcount across 15 lenders rose just 0.005% in 2025.
DBS to open 18 new wealth centres by 2027
The bank will also upgrade 36 existing centres over the next 18 months.
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