Financial Services
MAS and Brunei central bank expand areas of cooperation
New areas for collaboration include currency interchangeability and financial sector development.
MAS and Brunei central bank expand areas of cooperation
New areas for collaboration include currency interchangeability and financial sector development.
Grab, Razer in talks for Malaysian digital banking licence bid
Grab, AirAsia, Razer in talks for Malaysian digital banking licence bid.
AXA, Doctor Anywhere launches medical teleconsultation services in Singapore
Insured corporate clients can avail of video consultations through Doctor Anywhere’s app.
AIG, SRX launch insurance policy to replace rent security deposits
AIG Landlord Insurance will cover loss and damages not limited to the amount of the deposit.
Singapore dominates mobile payment market for Chinese tourists
77% of Chinese tourists in the city use mobile payments.
Digital banks won't be a threat to big Singaporean banks: analyst
Singapore poses as a hard-ground for virtual entrants.
Daily Briefing: CrimsonLogic unit eyes digital bank licence; Malaysia mulls social security for workers in Singapore
And digital wealth management startup Kristal.AI raises $8m in its series A funding round.
Loan growth and stable asset quality to bring modest growth for Singapore banks
NIM direction and dividend yield will be its key driver for the new year.
DBS unveils QR-based B2B payments solutions
Suppliers will have the option of instantly enhancing credit terms for each invoice.
7-Eleven partners with local fintech to launch cash-based remittance service
Payers will be able to remit using cash via a generated QR-code bill.
MAS, ACRA launches scheme to help fund managers cover investment funds
Fund managers can now incorporate or re-domicile VCCs online.
China Taiping floats first universal life plan for HNWIs
Infinite Universal will cover legacy planning, estate planning, and business continuity.
Fewer IPOs but higher proceeds for Singapore in 2019
Total proceeds rose fourfold to $3.13b from $730m in 2018.
External factors for a successful career in fintech
Asia-Pacific’s fintech scene is buzzing, with Singapore leading as one of ASEAN’s powerhouse.
Internet firm Sea applies for full digital bank licence in Singapore
It will focus on serving millennials and SMEs.
Data to determine success of Singapore digital bank aspirants
Eight publicly known applicants want to focus on the country’s underbanked segment.
MAS receives 21 digital bank licence applications
Fourteen applied for digital wholesale banks whilst seven went for digital full banks.
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