Financial Services
DBS removes OTPs in digital token for corporate customers
The upgraded digital token will be available in Asia starting May 2019.
DBS removes OTPs in digital token for corporate customers
The upgraded digital token will be available in Asia starting May 2019.
UOB ties up with SGX and CCOIC to support Chinese firms
The tripartite alliance aims to help Chinese firms expand to ASEAN.
DBS Q1 profit up 9% to $1.65b
Strong interest income offset declining wealth management, brokerage and investment banking fees.
Online hiring for banking roles up 28% in March
Singapore figures outpaced that of Malaysia and the Philippines.
Connecting the dots between working capital and cash flow management
In Singapore, barriers to financing have resulted in an unmet funding gap for SMEs worth as much as $20b.
MAS irons out customer liability in updated e-payments guideline
Account holders are required to provide their contact details for notifications when transacting online.
Is cash still king in ASEAN?
Card penetration for some countries fall below 50%, according to a study.
Singapore to dominate forex with sub-second speeds
MAS looks for ultra-fast platforms that could route currency trades in milliseconds.
Banks set for Q1 profit boost as corporate loans and wealth income recover
Trading and wealth management income may have rebounded between 10-36% in Q1.
Standard Chartered unveils instant e-credit card issuance and loan disbursement
Personal loans of up to $200,000 can be disbursed within minutes of application.
Automation threatens one in three finance jobs: study
Remisiers, traders, and investment performance analysts are some of the jobs that could get hit by automation.
Fintech startup Rely looks to SEA for expansion
The expansion plans come after Rely closed a seven-digit funding round.
Chart of the day: Check out the loan growth of Singapore banks in Q4 2018
UOB’s loan growth hit 2.6%.
Should Singapore's executives trust their financial data?
C-suite executives in Singapore, like their counterparts in the rest of the world, base crucial decisions about the future growth and direction of the...
Citi launches biometric authentication for APAC institutional clients
The solution eliminates the need for an app-based digital token.
Daily Briefing: DBS to halt coal financing by 2021; Swire Properties unveils first residential project
And the number of overseas medical schools approved for practice in Singapore will be cut to 103.
ICBC Singapore issues US$2.2b green bond for Belt and Road projects
The offering is available in three currencies: USD, CNY and EUR.