Singapore

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.

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.

Bank of Singapore names new global head of Investment Advisory Solutions

Vivienne Chia will bring with her over 20 years of experience.

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.