Financial Services
Customer satisfaction in 2017 hit new high at 72.9 points
A study cited increased satisfaction in the finance & insurance and healthcare sectors.
Customer satisfaction in 2017 hit new high at 72.9 points
A study cited increased satisfaction in the finance & insurance and healthcare sectors.
Is Singapore failing in its bid for Asia's IPO market?
Companies are choosing to list in Hong Kong instead.
Singapore banks' loan growth hits 3-year high
Higher credit card and car loans pushed bank lending up.
Big three banks net profit surged 27% in Q4
This comes amidst a steady stream of fintech investment.
Fintech firm ayondo enters SGX Catalist board
It is the first fintech company to list in Singapore.
Singaporean firm offers celebrity tokens amidst crypto craze
Ex-Liverpool soccer star Michael Owen and boxing veteran Manny Pacquiao will issue their own crypto-coins in the exchange.
9 in 10 Singaporeans want to use fingerprint and facial recognition in banks
Only 1 in 5 are currently using the technology in banking services.
MAS penalises Standard Chartered for money laundering requirement breaches
The breaches occurred when trust accounts were transferred from Guernsey to Singapore.
OCBC unveils $240m purpose-built data centre
The bank is avoiding interdependence on data centre tenancy.
Singapore-based issuers' bond offerings hit 3-year low
Bond offerings crashed by 21.5% to US$6.7b as local firms also tapped into offshore bond markets.
Insurance firms' underwriting profits plunged 58.53% to $107m in 2017
For the first time since 2010, the motor insurance segment generated an underwriting loss, losing $27.2m in 2017.
Daily Briefing: Singapore probes firms that sold luxury goods to North Korea; UOB is on a hiring spree
And this popular Singapore mall is attempting an en bloc sale for $1.1b.
1 in 5 fintech firms think Singapore doesn't attract enough venture capital
These companies rely on Singapore to attract funds that will allow risk-taking.
MAS to enforce new data collection rules
It aims to reduce data duplication and automate financial institutions’ submissions.
OCBC opens AI unit with $10m investment
Its services in wealth advisory and loans financing are bracing for AI upgrades.
Grab launches lending services for Southeast Asia
The services will tap into the “huge cache” of customer data from the Grab app to provide credit ratings.
Singapore police extends support of MAS' criminal probes
The investigations will now cover all offences under the Securities and Futures Act (SFA) and Financial Advisers Act (FAA).
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