Financial Services

GBCI Ventures sets up HQ, pilots ‘money app'

Currency exchange and residual currency storage are some of the services offered.

GBCI Ventures sets up HQ, pilots ‘money app'

Currency exchange and residual currency storage are some of the services offered.

Finance firms must prepare for extended period of risk management: MAS

Close to 85% of the financial industry worked from home during the circuit breaker.

WhatsApp, Paypal inject funds into Gojek

The sum of the investments were not disclosed.

CIMB Singapore customers protest mortgage hike

More than 60 customers now comprise the group.

Risk-averse investors push Singapore bank deposits up

Foreign currency deposits skyrocketed to $27b in April.

OCBC to reduce salary credit bonus interest

The bank will also stop offering the credit card spend bonus interest.

Starhill Global REIT management prices $100m notes at 3.15%

It will be issued under Starhill Global REIT’s multicurrency debt programme.

Financial education vital for SMEs to stay afloat amid and beyond the Covid-19 outbreak

Government support is helpful, but firms should know all financing options available to them.

Circuit breaker spells downturn in loan growth

Consumer loans were mostly affected, shrinking 0.9% MoM, OCBC said.

Citi Singapore extends work from home setup until July

Majority of its 8,500 staff are working remotely.

Almost three-fifths use mobile payments as contactless cards maintain hold

62% expect that their mobile payment usage will increase next year.

MAS commences first phase of AI adoption initiative

The consortium is developing a fairness metric for credit scoring and customer marketing.

Investors flocking to IFCs for assets: study

Almost half of institutional investors are already benefiting from using one.

NUS raises $300m through maiden green bond

It will finance projects under its Green Finance Network.

Singapore's Fintech market in 2020: coronavirus and new business realities

Businesses around the world have taken a major hit in the wake of the COVID-19 pandemic and Singapore is not an exception. Fortunately though, as many...

Stable playing field a gain for Singapore banks: report

High credit costs can be covered by profits.