Financial Services
Bank headcounts rise with tech talent boosting numbers
Banking staff at Singapore’s 18 largest commercial banks grew 5.47% in the last two years.
Bank headcounts rise with tech talent boosting numbers
Banking staff at Singapore’s 18 largest commercial banks grew 5.47% in the last two years.
Daily Briefing: London fintech Revolut debuts in Singapore; Gojek Singapore to expand services
And here are the top banking jobs that pay over $10,000.
Credit Saison launches international CVC arm
It plans to invest $74.8m into India and Southeast Asia.
Weak loan growth to hit OCBC's Q3 profits
Loan growth could moderate to 3.2% over higher credit costs.
Boutique asset management NCI opens Singapore branch
The firm will support the Monetary Authority of Singapore’s new fund structure.
OCBC joins Singtel's regional e-payment alliance
The bank’s customers will soon be able to pay using QR codes in Thailand and Japan.
Monthly transactions in PayNow cross $1b mark
Over 3 million in combined mobile and NRIC numbers are registered to the service.
How banks are using analytics to drive SME growth
By analysing massive data volumes, UOB is able to slash loan processing time by 60%.
Here's where online micro consumer lending in Asia flourishes
Southeast Asia’s only landlocked country looks promising for online lending.
Hong Kong fintech YouTrip obtains principal license from Mastercard
This marks them as the first company in Singapore to obtain a prepaid license from Mastercard.
TransferWise launches mid-market rate debit card
The card’s 0.67% rate per transaction is six times cheaper than Singapore’s market average.
MAS in talks to allow Chinese expansion of Singapore financial institutions
This will allow financial institutions in Singapore and China to expand to each other’s markets.
Asset manager Amundi floats five new global equity funds in Singapore
They will be managed by CPR Asset Management and represented by Amundi Singapore.
Fintech investments hit $1.01b in 9M 2019
Investment value in mature fintechs expanded to $604.97m despite the lower number of deals.
MAS slaps ban on four financial professionals over fraud
The orders were issued against 3 insurance agents and one bank employee.
Tuan Sing launches $500m MTN programme
The multicurrency programme is second after Tuan Sing’s $900m MTN in 2013.
UOB lowers interest rate for fixed deposits to 1.5% in Q3
Mortgage rates were also cut 20bp to about 2%.
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