Singapore
Cryptocurrency ATMs close down in Singapore following MAS clampdown: report
Cryptocurrency ATMs close down in Singapore following MAS clampdown: report
Two operators, Daenerys and Deodi, have shut down their ATM machines in the city.
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.
Singapore, China reaffirm commitment to financial supervisory cooperation
The supervisory roundtable was held virtually.
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.
Commentary
Why high capital levels are a double-edged sword for Singapore banks
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity