Singapore
Hong Kong, Singapore play catch-up with mobile banking apps
Hong Kong, Singapore play catch-up with mobile banking apps
European financial firms dominated the global top ten of Sia Partners’ study.
Weekly Global News Wrap: Goldman Sachs boosts capital measures; Charges filed against Wirecard ex-bosses
And the UK allows TransferWise to offer retail investment services.
Mastercard and fintech EedenBull extend partnership to APAC payments
The partnership will support the company’s rollout of its commercial cards platform.
Singapore central bank, local police probing Wirecard's operations
The regulator is also working with foreign agencies for cross-border transactions.
More millennials join investment rush to cash in on COVID-19 volatility
The segment constitutes 35% of all new investment accounts in APAC from March-April.
South Korean regulator amends credit act to combat illegal lending
The maximum penalty for unlawful loan service providers has been doubled.
Singapore sets out expectations for FIs' environmental risk management
FIs are expected to include environmental considerations in their business plans.
DBS rolls out sustainable transition finance framework and taxonomy
The taxonomy will outline the banks’ “green” and “transition” transactions.
Sri Lanka's central bank rubber-stamps $139.3b in SME loans
It has approved 13,761 loan applications.
QR codes, ISO 20022 fuel SEA's cross-border payments growth
It has pushed stakeholders to build a pan-regional real-time payments ecosystem.
Visa commits aid to 10 million SMEs in Asia Pacific
It is part of an initiative to support 50 million small businesses worldwide.
Weekly Global News Wrap: US banks awash with $2t deposits; Wirecard ex-CEO arrested
And Canada’s banking regulator holds big banks’ capital buffers at 1%.
Cambodia floats blockchain-based payments system
Users of the platform will see transaction time reduced to less than 5 seconds.
Investments flood Singapore fintechs in April, May after quiet Q1
Total equity funding reached a record-high US$331m.
MUFG Bank to invest in NTT Finance Corp's green bond
It will be used to finance sustainable green building projects.
OCBC emerges as APAC's top lead arranger of green loans from 2018-2020YTD
Singapore’s OCBC and DBS accounted for $5.47b of such loans.
Singapore investment banking fees plummet 49.4% in H1
Fees from completed M&A, ECM, DCM, and syndicated lending all registered declines.
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