Financial Services
Citi to add full Apple product suite to rewards redemption platform by 2019
The service will also be available next year in Malaysia and Taiwan.
Citi to add full Apple product suite to rewards redemption platform by 2019
The service will also be available next year in Malaysia and Taiwan.
Escalating trade wars may weigh on Singapore bank earnings
OCBC and DBS are more vulnerable due to their larger Greater China footprint.
Experian leads US$10m series B investment in Malaysian fintech startup Jirnexu
Jirnexu operates financial comparison website, RinggitPlus.
MAS launches $30m cybersecurity capabilities grant
It will co-fund up to $3m to support cybersecurity advancement per firm in the financial sector.
SGX launches high-grade iron ore derivatives
Its swaps and futures will reference the 65% Fe Brazilian fines index, CFR Qingdao.
Bank lending in October up 3.41% to $671.74b
Business loans grew by 3.35% due to a steep 10.53% climb in building and construction loans.
Frasers Property rolls out multi-feature app
Frasers Experience will allow shoppers to digitise their physical gift cards and to load it to their app's e-wallet.
Asian banks rev up fintech partnerships to keep China's tech titans at bay
Incumbents are launching VC arms and innovation labs to avoid being outpaced.
Daily Briefing: Here's what private bankers in Singapore can expect for their salaries and bonuses; UOB bags 75% stake in Indonesia's PG Asset Management
And Cloud company Deskera secures US$60m funding.
Indonesian developer probe raises woes in Singapore bond market
Singapore dollar notes by First REIT and those sold by OUE have dropped amidst a liquidity crunch.
Singapore bank earnings may rise 9% in 2019 even as trade war comes knocking
Net interest margins are poised to widen amidst expected rate hikes.
Ride-hailing firms boost e-payment adoption in Singapore
GrabPay and Go-Pay are examples.
Singapore toughens penalties for money laundering and terrorism financing
Those caught in the act will need to pay over $1m or twice the value of the suspicious transaction.
MAS finalises new regulatory framework to enhance payment services
It will regulate systemically important payment systems and focus on retail payment services.
Grab unveils cross-border remittance service for e-wallet
Users can remit and receive money directly from their GrabPay wallet.
Deutsche Bank unveils Asia Pacific Innovation Lab in Singapore
The move is a part of its strategy to further digitise client solutions.
MAS mulls new fintech sandbox with faster approvals
Approval decisions for applications will be granted within 21 days.
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