Singapore

Cracks in the financial ecosystem can erode confidence and deter foreign institutional investment. Recent occurrences, particularly the collapse of three small to mid-sized US banks in March 2023, serve as a stark reminder of the banking sector’s vulnerability and underscore the criticality of risk management and regulatory oversight. This leaves no room for complacency, even in economies such as Singapore, which has long prided itself as a bastion of economic stability.

The digital banking sector in Singapore has grown in importance over the years alongside the established banks, improving the quality of financial services, albeit in a competitive environment with one of the most stringent licensing and regulatory regimes.

Over 180 participants graced the 20+ sessions in the day-long event.

It has reported these sites to the local police and the HKMA.

The found that Credit Suisse failed to secure trust assets of Ivanishvili. 

New users who top up S$50 will receive S$40 off iShopChangi purchases.

Authorities issued 18 prohibition orders and logged a total of 39 criminal convictions.

Payments will be made directly from customers’ OCBC SG bank accounts.

His role is effective starting 2 October, replacing Eric Teh.

The branch receives 7 times more credit card applications compare to banking-only branches.

The card can be issued in 9 currencies without FX fees or monthly subscription fee.

Citibank and DBS improved their CX scores, whilst three other banks got lower scores.

Sen also discussed DBS’ recent integration of Citi Taiwan’s assets in just one weekend.

He will start in his new role on 25 September.

It plans to expand its services in the financial sector.

The feature protected over 30 customers whose phones contained malware from sideloaded apps.