Staff Reporter

Striking balance between fraud prevention and less friction

Striking balance between fraud prevention and less friction

Banks’ push for more innovation is necessary but raises risks they are not ready for, experts warn.

Visa launches program enabling small business to accept digital payments

The programme is now open to payment facilitators in APAC.

MAS unveils new measures against digital banking scams

Default transaction limit for online fund transfers must be set to S$5,000 or lower.

Singapore wholesale digital-only bank Green Link Digital Bank debuts

The wholesale bank targets micro, small, and medium enterprises.

Oxford Sustainability Finance Group founding director to join DBS board sustainability committee

Dr. Ben Caldecott is the first professor in sustainable finance at the University of Oxford.

CIMB Singapore rebrands Change Alley Mall to CIMB Plaza

The bank’s new centre has been refurbished with lounges for affluent banking clients.

Japan megabanks’ bad loans edge up to highest in six years

Billion-dollar exposures to Russia contributed to the negative outlook.

MUFG Bank names ex-Indonesia country head as new Regional Exec for APAC

Daisuke Ejima was country head of Indonesia prior to his new role.

How Citi’s hiring spree sets into motion its $150b new AUM goal by 2025

The bank looks to hire 1,500 new employees in Singapore alone and triple AUM.

Guilty! Majority of Singaporeans believe their banks are greenwashing

Around half of consumers enjoy the availability of green financial services.

Bank of East Asia reduce emissions by 15%, increase green loans five-fold in 2021

The bank also donated millions to support flood relief efforts.

MAS to explore digital assets use cases with Project Guardian

The first pilot sees DBS, JP Morgan, and Marketnode explore lending on a public blockchain.

Public Bank net profits down 8.6% in Q1 as one-off tax bites

The operating environment remains challenging, the bank’s founder said.