Staff Reporter

Eight Singapore banks to participate in new eGIRO launch

Eight Singapore banks to participate in new eGIRO launch

The digitisation initiative aims to cut down the old GIRO process from weeks to minutes.

HKSTP unveils R&D environment for testing fintech innovations

Banks and tech firms can use Fintech Virtual Lab to build and test innovations.

DBS’ net profits jump 31% to $1.7b in Q3

The non-performing loans rate remained unchanged at 1.5% during the quarter.

OCBC allows real-time digital purchase of gold, silver 

Over $1m and 3,698oz of precious metals have been purchased through the app.

HSBC invests $2b to be a ‘digital first’ bank

Part of that investment means partnering with more fintechs to create digital banking products.

OCBC’s net profits up 19% to S$1.22b in Q3

Net trade income plunged 67%, slightly offset by stronger net fees and commissions.

Hong Kong mulls launching own digital currency: financial secretary

This is part of HKMA's initiative to 'push all banks to go fintech'.

UOB Q3 profit leaps 57% to S$1.05b

Net profit also saw a rise of 4% QoQ.

Singapore’s SMBs adapt as more consumers seek contactless payments

Nearly four in five Singaporeans expect to use contactless payments, the highest in the world.

DBS rolls out one-stop sustainability-focused platform

The bank will also launch an autonomous carbon calculator service under LiveBetter.

Climate Finance Taxonomy: 5 Principles to Steer Transition 

The accelerating impact of climate change is growing more evident by the day, necessitating substantial shifts in financial market structures and taxonomies in order to rapidly scale climate investments and achieve low-carbon targets. 

What’s in store for the decentralised crypto industry with China’s growing antagonism?

China's stance may be concerning today, but won't affect the global industry in the long run.

Citi names global head of D10X under institutional clients group

The D10X focuses on the development of new solutions for Citi's institutional clients.

Hitachi Vantara spearheads virtual roundtable in modern DataOps

Hitachi’s Chief Solution Architect Seng Joo, Lim will open the first speaking session.

Standard Chartered partners with Kredivo to offer BNPL in Indonesia

Assets of fintech players in the country grew by more than IDR1t or by over $70m.