Financial Services

UOB unveils machine learning solution to combat financial crime

It has tapped on regtech Tookitaki for its Anti-Money Laundering Suite.

UOB unveils machine learning solution to combat financial crime

It has tapped on regtech Tookitaki for its Anti-Money Laundering Suite.

OCBC launches robo-investment service

It has an initial investment amount of $3,500.

Are Singapore's fintech startups hoarding capital?

Homegrown fintechs are more likely to access later-stage funding that are out of reach for startups in other verticals.

DBS and Singtel team up to enhance e-marketplace for SMEs

DBS will develop a B2B platform for SMEs to sell their goods and services to large corporate and multinational corporations (MNCs).

Can Singapore crack down on corporate malpractice before another scandal erupts?

The Code of Corporate Governance has been amended to beef up director independence and enhance board diversity.

Temasek ditches US bank holdings in Q2

It has completed the sell down in Goldman Sachs and Morgan Stanley.

Property curbs and trade war a double whammy for Singapore banks

The three largest banks expressed concern over risks from the trade tensions in their Q2 results announcements.

Frasers Property taps DBS to roll out exclusive F&B concierge app

The app will allow the firm's tenants and customers to use its cashless payment system.

UOB unveils digital business solutions for SMEs

Businesses can soon gain real-time overview of their operations.

New business premiums jumped 20% to $2.02b in H1: LIA

There was an uptake in both single and annual premium products.

Aviva Investors launches third fixed income fund

It injects derivatives whilst targeting a 3% per annum gross return over cash.

PayNow Corporate goes live

Corporate customers of seven participating banks can now use NRIC to transfer funds.

2 in 3 SMEs to embrace cashless payments by 2023

They are also shunning the use of cheques.

Chart of the Day: Singapore nabbed Asia's fintech crown from Hong Kong in 2017

Total fintech funding hit US$983.6m in 2017 versus Hong Kong's US$596.8m.

Chart of the Day: How exposed are Singapore banks to mortgages in Q1?

DBS gained the largest market share but has least mortgage exposure.