Singapore
Chart of the Week: Singapore card payments to rebound 10.2% in 2021
Chart of the Week: Singapore card payments to rebound 10.2% in 2021
Card payments are expected to reach $96.5b in three years’ time.
HSBC Singapore names new global liquidity head
Winnie Yap will be responsible for treasury solutions for Singapore firms.
Hong Leong floats green vehicle financing for Singapore vehicle rental firms
The Vehicle-Green Loan offers a rate as low as 1.5% per annum.
Singapore investment banking fees up 79% to $176.5m in Q1
M&As are off to a slow start whilst there was only one IPO by a local company so far.
Weekly Global News Wrap: Morgan Stanley offers bitcoin to wealth management clients; SLB market could hit $150b this year
And Barclays expands private banking unit to France and Italy.
OCBC to roll out face verification in eight Singapore ATMs
The bank will extend the technology to all of its ATMs in Singapore progressively.
DBS CEO Piyush Gupta's pay down 24% in 2020
His cash bonus dropped by 27% amidst cutbacks in the bank.
UOB to raise pay, floats promotions for 98% of bank's employees
Review of compensation packages for senior management will be considered later.
'Buy now, pay later' flourishes in APAC as credit demand booms
Unlike credit cards or loans, there are no fees in BNPL if payments are made on time.
Lower credit costs to drive Singapore banks' earnings rebound in 2021
Sufficient provisions, steady capital positions should reduce risks in the near term.
Social Media Wrap Up: Pizza Hut's Singapore's Souper value sets; A&W's latest tropical burgers; McDonald's Singapore's McGriddles return
Find out what QSRs have been up to on social media this week.
Indonesia's PAYFAZZ, Singapore fintech Xfers form financial entity
PAYFAZZ is also investing US$30m in Xfers.
Two digital banks in every APAC market to challenge incumbents: study
Need for new capabilities to push bank-fintech collaborations in the region.
E-wallets to overtake cash in Singapore's in-store payments by 2024
Cards will remain king, but e-wallets will overtake them in online purchases.
Chart of the Week: APAC card payments to grow 19.2% in 2021
Banks and payment firms are stepping up their card game to encourage cashless spending.
Bank accounts of suspected scammers can be frozen within a day: Singapore minister
Singapore Minister Desmond Tan lays out plans to prevent scams.
MAS unveils joint paper on managing remote working risks
Financial institutions are called to benchmark their practices against examples in the study.
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