Financial Services
SGX, Temasek form digital asset JV on capital market workflows
The venture will look to partner with fixed income issuance platforms.
SGX, Temasek form digital asset JV on capital market workflows
The venture will look to partner with fixed income issuance platforms.
DBS rolls out industry's first digialised audit confirmation solution
Corporates and SMEs’ audit confirmation requests will be processed in less than a day.
Singapore's IP insurers to cover COVID-19 vaccine complications
Coverage will be provided until end-December 2021.
HSBC, Etiqa amongst bidders for AXA Singapore
The transaction could raise about $927m in a sale.
PPRO announces over $180m in investment, reaches unicorn status
The status comes as the investment values PPRO at over US$1b.
MAS amends rules on managing tech risks
Financial firms should analyse and share threat intelligence within the ecosystem.
Great Eastern rolls out $1m vaccine fund
This will grant a daily cash benefit for COVID-19 vaccine hospitalisations.
MAS appoints new deputy managing director
Leong Sing Chiong’s appointment would take effect on 1 February.
Singapore's digital-only banks face uphill battle to reach sustainable profits
Poor performance of earlier neobanks have cast a doubt on their ability to gain income.
Robeco Singapore appoints new CEO
Nayan Patel has over 16 years of asset management experience.
AXA Insurance launches new prenatal plan
It covers early caesarean deliveries and grants newborns with health insurance cover.
Revolut Singapore sees 70% hike in Chinese New Year e-cash gifting
Clients made over $4.5m in transfers and e-cash gifting during Christmas.
Asiaciti Trust appoints new managing director for Singapore
Ross Belhomme will be relocating from Switzerland.
CoAssets shuts down after missing funds controversy
Some members' accounts (without outstanding investmets) have already been deleted.
OCBC floats Singapore's first consumer loan for installing solar panels
Landed property homeowners can borrow up to $30,000.
MAS pushes e-hong baos for Lunar New Year
Clients who prefer physical notes will have to pre-order from their respective banks.
Mambu's APAC expansion to kick off in Singapore
New funding will help expansion to other countries in APAC.