Singapore

Grab Singapore includes more banks in linked account feature

Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.

Singapore bans promotion of cryptocurrency trading in public

The new guidelines instruct against marketing DPT services in public areas.

Contactless payments snare Singapore’s boomers

Loyalty programs are also rated as important by consumers in the city.

What you need to know about Singapore’s VCC structure

Fund managers can now use different fund strategies as one entity.

Fintech platform Airwallex officially launches in Singapore

Customers of the fintech platform will receive funds locally in SGD.

Happy holidays, one and all!

Asian Banking & Finance will be back on 10 January 2022. 

NTUC Income’s BIX onboard UOB Asset Management’s digital advisory service

UOBAM Invest is the first partner to be onboarded in the BIX platform.

Citi Singapore to tap global fintechs in APIX collaboration

The partnership enables Citi to identify solution partners in a cost-efficient way.

Global payments firm Nium names COO as co-founder

This is in recognition of his significant contributions to scale Nium’s global operations.

New COVID outbreak, inflation, rising interest rates pose risks to Singapore’s financial stability: MAS

Banks should have enough buffers and find climate transition risks manageable.

Citi Commercial Bank bridges cultural gap with China Desk initiative

The desk opens Singapore to mid-sized Chinese firms seeking to penetrate ASEAN.

Banking woes dampen Singapore MSMEs overseas ambitions 

Only 2 in 10 Singapore micro-multinationals think banks offer value for money.

Buy now, pay later more needed in markets with credit under penetration: UOB TMRW exec

It’s not as urgent as other markets with credit under-penetration, says TMRW Digital Group CCO.

SMEs are the lifeblood of Asia Pacific: Mastercard

Hence, Mastercard launched the world’s first BNPL commercial card solution for SMEs.

DBS’ suffers digital bank service glitch; MAS mulls taking supervisory action

DBS Country Head Shee Tse Koon has apologised for the disruptions.