Singapore
SSFA issues new guidance for green and transition financing
SSFA issues new guidance for green and transition financing
This guide helps stakeholders in SEA apply the Singapore-Asia Taxonomy for Sustainable Finance.
OCBC rules out future Great Eastern bids after delisting fails
OCBC holds a 93.72% stake in the insurer.
ION Orchard, Visa partner for exclusive retail experiences
ION+ Rewards Members can unlock a variety of premium privileges by shopping with their Visa cards.
ShopBack secures MPI licence in Singapore for payment product
ShopBack Pay is now authorized to provide payment services in the country.
SMFG to establish agentic AI firm in Singapore
Ahmed Jamil Mazhari has been named CEO and SMFG’s AI transformation advisor.
Revolut partners with Ant Int’l to enable transfers to China via Alipay
It has a tiered fee system.
UOB acknowledges penalty for anti-money laundering breaches
Two of its employees were reprimanded, it said in an SGX statement.
Six banks penalized in Singapore for AML breaches
Credit Suisse’s fine also accounts for separate breaches related to US customer accounts.
Tokenisation of bank assets could boost liquidity and risk management in FX
But the industry must address the potential fragmentation of the liquidity pool.
UOB signs MoUs to support business expansion across ASEAN
These partnerships aim to enhance trade, investment, and the internationalisation of Singapore enterprises.
Singapore fraud losses rise as APP scams take over
The report revealed human-initiated attacks in Singapore surged by 30% YoY, even as automated bot attacks declined by 27%.
Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case
The liquidators alleged that it permitted over 100 transfers related to the scandal.
OCBC app enables text resizing in English and Mandarin
About 70% of app screens have been covered in the initial rollout.
MAS proposes revisions to PHS, complex products framework
Investment-Linked Policies (ILPs) will require a PHS under the proposals.
DBS offers cardholder deals, rebates at over 680 retail outlets
These include partnerships with Cold Storage, CS Fresh, and 7-Eleven, amongst others.
Mizuho Bank began streaming prices on SGX FX
The bank aims to offer enhanced service and unprecedented access to real-time market data.
MAS fines five payment firms $960,000 for AML/CFT breaches
These breaches were uncovered during MAS' examinations for compliance.
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1. Manulife hires HSBC banker for Asia CFO role 2. OCBC rolls out in-app calls for retail customers 3. Hong Kong’s banks pressured by real estate stress and lower margins in 2026 4. Trust Singapore unveils Visa instalment option for credit card holders 5. CIMB SG and ESGpedia have helped 100+ SMEs set GHG reduction targetsResource Center
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Jul
02
Events
Event News
Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats