Singapore
Singapore, India to link PayNow, UPI payment systems by mid-2022
Singapore, India to link PayNow, UPI payment systems by mid-2022
Fund transfers from India to Singapore will only need mobile phone numbers.
DBS rolls out self-managed card payment control features
Users will be able to set spending limits and block cards, amongst other features.
Weekly Global News Wrap: Americans miss BNPL payments; Wells Fargo fined $250m
And Mastercard bets on crypto with acquisition of CipherTrace.
MAS forms sustainability group to drive green finance agenda
Former chief sustainability officer of Thai Union Group is the head of MAS' new group.
Mitigating business risks and ensuring regulatory compliance through robust due diligence
Nexis Diligence™, from LexisNexis® allows organisations to access extensive business intelligence through a convenient single interface.
Standard Chartered, NTUC’s BetaPlus for JV to launch Singapore digital-only bank
They will contribute S$144m and S$96m, respectively, in the joint venture.
How Advanced Analytics and Emerging Technologies can save Financial Intuitions against Digital fraud
The 60-minute webinar go live on 23 September 2021, 11am Singapore time.
Citi unveils help desk to help Chinese emerging companies expand in Singapore
Clients will be able to access advice about local operating and regulatory environments, amongst others.
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.
Commentary
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’