Singapore
UOB assembles panel for sustainability advising
UOB assembles panel for sustainability advising
Industry experts were handpicked to lead the panel.
Ripple obtains MPI license in Singapore
Singapore is one of Ripple’s fastest growing markets, it said.
Why the bank of the future is not really a bank
ANEXT Bank’s Toh Su Mei reveals how they are reimagining banking for small and medium enterprises.
Endowus teams up with world’s third largest private equity firm
EQT funds are now available to Endowus private wealth clients in Singapore and Hong Kong.
Sygnum Singapore obtains major payments institution license
It can now operate its DPT brokerage service in Singapore.
UOB joins LCH SwapClear and ForexClear as as direct clearing member
UOB is the first SEA bank to join ForexClear as a direct member.
Global Payments and Visa launch mobile tap payment solution in SG
Sellers will facilitate payments easily using smartphones.
Central bank announces new savings bond with average yield of 3.32%
Its amount offered is at $1b.
How tech disruption, branding innovation are shaping the future of finance: analysts
The afternoon sessions of ABF Summit 2023 saw analysts and bankers explore why tech and marketing are important to financial institutions.
Regulatory caps on neobanks’ operations could stifle growth, expert warns
Despite questions arising from the recent rise of deposit caps in neobanks, incumbent banks are left unfazed.
Singapore’s fintech to contribute 3.6% in 2027
In 2022, the country also had the largest investment attractiveness at 41.1%.
Ant Group unveils new Singapore office, launches foundation
Ant also pledged to increase investments for cutting-edge tech to enhance trust and efficiency of digital commerce.
MAS teams up with BIS, Swiss and France central banks to test wholesale CBDCs
Project Mariana used DeFi technology concepts on a public blockchain.
HSBC SG unveils blockchain workflow solution for property developers
It enables developers to fully automate their payments and digitalise their workflows.
Singapore probing banks’ involvement in $1.75b money laundering scandal: report
MAS says it's "too early to tell" if FIs involved adhered to ML requirements or not.
Funding Socities | Moldaku raises $27m in debt
AlteriQ Global, Augment Capital Partners, and Orange Bloom participated in the fund raising.
Standard Chartered boosts cash management offering with multibank connectivity service
It offers real-time visibility, access, and control of cash holdings to companies.
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1. Japan’s SMFG eyes $1.1b additional investment in India’s Yes Bank: report 2. GXS Bank launches GXS Invest 3. Singapore and China reaffirm green finance cooperation 4. Hong Kong lenders consider making bad bank to offload $25b in soured loans 5. Singapore banks’ interest income expected to come weaker in Q2Resource Center
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The bank was honoured for being a trusted wealth partner for high-net-worth clients and for setting a new standard in digital wealth management.
Commentary
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia