Financial Services
The future of payments in Singapore's Smart Nation
At this year’s National Day Rally on 20 August, when Prime Minister Lee Hsien Loong spoke about the most important challenges and opportunities facing...
The future of payments in Singapore's Smart Nation
At this year’s National Day Rally on 20 August, when Prime Minister Lee Hsien Loong spoke about the most important challenges and opportunities facing...
Why Singapore's accountants need to embrace the cloud before they can take advantage of AI
Singapore climbed the rankings to be the second most cloud ready environment in Asia, according to the latest edition of the Asia Cloud Computing...
Net trading income to boost Singapore banks' profits
The banks' trading income CAGRs were 15–33% between 2011-2016.
CCT converts $4m of its 2.5% convertible bonds
Shareholders exercised conversion rights.
Singapore lags its Asia Pacific peers in mobile wallet usage
Only 28% of Singaporeans used mobile wallets in 2016.
AutoWealth launches robo-advisor financial investment service after multi-million seed round valuation
It mimics a human financial planner, and it is set to disrupt the S$594 billion financial advisory market in Singapore.
Three things that could drive Singapore banks' higher ROEs
Analysts see earnings visibility ahead for Singapore banks.
DBS turns Indian franchise into wholly-owned unit
It plans to build 75-90 branches in India.
Big three banks ink MOUs with Chongqing financial institutions
It will usher in financial collaboration between the two cities.
Hong Kong, Singapore eye grabbing a bigger share of the $540t derivatives business
Regulators have been in talks with the ASIFMA over the past five months.
Bank loans growth falls to 5.9% in July
Lower business loans slowed overall growth.
Far Eastern Bank completes merger with UOB
It will be implemented on 01 October 2017.
Fintech startup SingX raises $4.5m in 2nd round funding
SingX is setting its sights overseas as it eyes expansion to Malaysia and Hong Kong.
Why Singapore banks will still be laden with O&G woes
Every 10bps increase in credit cost estimate will cause a 7% cut in net profits.
Singapore leads use of in-app payment systems in Asia
But 43% still use cash to make payments.
Daily Briefing: Blockchain startup that decentralises data raises US$1.5m; Strong SGD mutes foreign demand for homes
And here's how Oakwood Studios caters to expats in Singapore.
Payments Council to create common QR code for Singapore
Banks and payment providers will collaborate to create the QR code.