Singapore

Singapore proposes shared responsibility framework for phishing scams

Both financial institutions and telcos are held accountable for mitigating scams.

Singapore proposes shared responsibility framework for phishing scams

Both financial institutions and telcos are held accountable for mitigating scams.

75% of Singapore SMEs mull ditching banks for payment needs

1 in 2 of SMEs in Singapore complained of lengthy processing and settlement times.

MAS proposes fund management regulation shake-up with new framework

If approved, the existing RFMC regime will be repealed.

OCBC rolls out generative AI chatbot for employees, amongst world’s first

Over 4 million decisions in the bank are made by AI daily, OCBC shared.

MAS issues expectations for financial institutions’ net zero transition planning

The guidelines are aimed at helping FIs enable effective climate change mitigation.

Citibank Singapore launching new satellite wealth advisory hubs in 2024

The Parkway Parade hub and One Holland Village hub expands Citi’s physical footprints.

DBS, SkillsFuture SG ink two-year partnership to boost green skills in SMEs

Courses will be offered under the DBS BusinessClass Academy and its partners.

HSBC Singapore appoints new head of commercial banking

She previously held the role of head of global banking.

SG’s financial sector welcomes automation amidst economic uncertainty

20% of staff have noted resistance to the overall process of automation.

DBS, Univers ink deal to concoct digital solutions toward net-zero

Pilot tests will initially involve DBS' SME clients in Hong Kong, India, Mainland China, and Singapore.

UOB assembles panel for sustainability advising

Industry experts were handpicked to lead the panel.

Ripple obtains MPI license in Singapore

Singapore is one of Ripple’s fastest growing markets, it said.

Why the bank of the future is not really a bank

ANEXT Bank’s Toh Su Mei reveals how they are reimagining banking for small and medium enterprises.

Endowus teams up with world’s third largest private equity firm

EQT funds are now available to Endowus private wealth clients in Singapore and Hong Kong.

Sygnum Singapore obtains major payments institution license

It can now operate its DPT brokerage service in Singapore.

UOB joins LCH SwapClear and ForexClear as as direct clearing member

UOB is the first SEA bank to join ForexClear as a direct member.

Global Payments and Visa launch mobile tap payment solution in SG

Sellers will facilitate payments easily using smartphones.