Singapore
UOB subsidiaries now cross-currency dealers in China, Indonesia
UOB subsidiaries now cross-currency dealers in China, Indonesia
This makes UOB the first Singapore bank to hold this status in both markets.
Binance to cease select Singapore services
It will be removing its app from the Singapore iOS and Google Play Store.
Singapore joins multi-central-bank project to test CBDC use for international settlements
The BIS Innovation Hub’s Singapore centre will lead the project.
Bank of Singapore names new global head of Investment Advisory Solutions
Vivienne Chia will bring with her over 20 years of experience.
MUFG appoints Stephane Alex as head of Flow FX Sales EMEA and Asia
Alex will be based in Singapore.
Digital Wallet Group acquires REPL
The firm plans to expand mobile remittance technology in the country.
Improving operational efficiency and decision making through increased use of AI and machine learning
SmartStream’s Robin Hasson and Andy Burner, together with Standard Chartered’s Vikram Gupta discussed their thoughts on the increased demand and dependability on artificial intelligence and machine learning, as well as the opportunities and threats that come with its adoption.
OCBC Bank and SAS wage war on fraud with award-winning digital surveillance system
The proactive fraud detection system helped OCBC recover $8m worth of fraudulent transactions.
How financial firms can take climate action beyond CSR campaigns
SAP tells Asian Banking and Finance how to manage climate risks in the financial industry.
Digital dominance to decide Singapore’s retail banking future
Traditional banks are struggling to keep up.
Deutsche Bank Wealth Management appoints new SEA investment team head
Alania Conception is previously head of investment consulting for Credit Suisse Singapore and Malaysia.
UOB adopts the Equator Principles to refine sustainability strategy
The bank will apply the principles to assess and manage environmental and social risk projects.
HSBC Singapore unveils enhanced int'l benefits for premier customers
Customers’ immediate family can enjoy a suite of benefits with no minimum balance required.
Singapore fintech investments reach $614.2m in H1 with smaller deals
The total transaction value is smaller than in H1 2020 but deal numbers are at a three-year high.
Singapore banks push ahead to post-pandemic era
Significant loan book exposure in China is helping them recover faster than their regional peers.
Singapore Fintech Festival 2021 to discuss Web 3.0 for financial uses
It will take place from 8 to 12 November as a hybrid event.
Singapore banks post robust net profit results
All three major banks reported net profits of more than $2b for the first six months of 2021.
Commentary
Show, don’t tell: Asian banks need to prove simplification works – here’s how
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape