Financial Services
Revolut offers lower cross-border fees, fee-free transactions
Revolut Singapore customers can enjoy a competitive rate in cross-border transactions.
Revolut offers lower cross-border fees, fee-free transactions
Revolut Singapore customers can enjoy a competitive rate in cross-border transactions.
UOB, American Express pilot unlimited cashback card
The card has a flat cashback earn rate of 1.7%.
Great Eastern Q1 profit surges nearly 12 times to $437.6m
Its profit rose from $33.9m from the same quarter last year.
Christina Ong appointed chairman of insurance firm Ed Asia Singapore
She brings with her 40 years of experience in the insurance industry.
DBS net profit smashes record $2b high
DBS' net profit doubled in the first quarter of 2021.
Bank loans down for 10th straight month, but recovery in sight
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
Technology is needed to reduce the trade finance gap
Trade finance is generally seen as sound finance, underwritten by long-standing practices and procedures. The World Trade Organization (“WTO”)...
Mortgage Master raises $980k for Indonesia expansion
The morgage brokering platform also plans to help Singapore save more than $100m in home loan repayments.
MAS commits $42m for tech adoption schemes
An additional $30m is set aside for the Digital Acceleration Grant scheme, also targeting financial institutions.
Mining company Anchor Resources to dabble in FinTech
The company says it is trying to ‘revitalise’ its legacy in the mining business.
Singapore, Thailand launch real-time cross-border payments system
Participating banks’ clients will be able to transfer up to S$1,000 or THB25,000 daily.
Payments firm Canvas floats card, app for household spending
Clients can transfer funds and manage spending on the card via their phones.
Amundi, HSBC launch Singapore's first AI-managed investment fund
With historical data and continuous training, the SMART Portfolio 2025 will manage investments with little human intervention.
MAS forms group to boost Singapore fund management ecosystem
It will boost Singapore's value proposition as a fund domiciliation hub.
DBS' CFO of Institutional Banking Group Judy Ng elected member of national accountancy body ISCA
Roger Tay was re-elected as the treasurer by the council at the same time.
DBS, Contour expand trade finance offerings to four Asia Pacific markets
DBS was the first Singaporean bank to join Contour's network.
Better earnings seen ahead of Singapore banks' results: report
UOB "may surprise" with better net interest margins and lower credit costs, one analyst has said.
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