Financial Services
Great Eastern Holdings profits crashed 26% to $213.3m in Q3
Operating profit from insurance business slipped 11% to $141.4m.
Great Eastern Holdings profits crashed 26% to $213.3m in Q3
Operating profit from insurance business slipped 11% to $141.4m.
Daily Briefing: Manpower minister says minimum wage ‘not yet practical'; One in four bank job openings are for tech-related roles
And SPH co-leads $4.14m funding for US marketing intelligence platform.
Citi debuts virtual remote engagement feature for wealth management clients
It is currently available on Citibank Online.
Grab's prepaid cards goes up against payment giants Tencent and Alibaba
But its link with MasterCard would be its boon in the field, analysts said.
UOB profits up 17% to $1.04b in Q3
Net interest income drove earnings up and sharply grew by 14% to $1.6b.
DBS launches chatbot Foodster for online meal ordering
It will allow customers to order food through Facebook Messenger and pay through DBS.
Grab inks prepaid card partnership with Mastercard
Customers can transact and top up their prepaid cards through any drivers and merchants.
NTUC Income's Droplet to cover 60% of Grab fares when it rains
It aims to protect Grab users from unpredictable surge pricing on rainy days.
Banks fall from grace as lending and non-interest income take blow
The volatile stock markets may bring about as much as 15% decline in non-interest income for DBS and OCBC.
Dairy Farm and NETS to enable Chinese e-payment service WeChat Pay
The service will be available from 1 November at 7-Eleven, Guardian, Cold Storage and Giant.
UOB to support Shandong-based firms' Southeast Asian expansion with $600m funding
It inked a memorandum of understanding with Chinese conglomerate Shanghai Qilu.
Temasek's Vertex Ventures invests in crypto exchange Binance
The investment is geared towards the development of a crypto exchange in Singapore.
UOB digitalises all its consumer banking product applications
Opening an account can be finished in less than 15 minutes.
SingPass launches new app for e-services
Users can now log in using their fingerprint, facial recognition or a six digit passcode.
Banks turn to loans to boost earnings as wealth income weakens
Wealth management income may have already peaked in H1 2018.
Talent crunch hits Singapore's wealth management scene despite hefty bonuses
There is still a lot of work to do in order to run after 1,400 individuals in the Lion City with net worths above $69m.
UOB kicks off eLab in Southeast Asia
It will use behavioural insights to promote better saving and spending habits.
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