Financial Services

Binance Labs Announces Strategic Investment in NFKings, NFT Creatives and Production Company

Binance Labs, the venture capital arm and incubator of Binance, today announced its strategic investment in NFKings, a leading NFT creatives and production company with over 100 intellectual properties (IPs), to contribute to building a sustainable digital creativity space.

Binance Labs Announces Strategic Investment in NFKings, NFT Creatives and Production Company

Binance Labs, the venture capital arm and incubator of Binance, today announced its strategic investment in NFKings, a leading NFT creatives and production company with over 100 intellectual properties (IPs), to contribute to building a sustainable digital creativity space.

MAS, BIS publish proposal on global retail payments network connectivity

Called Project Nexus, the blueprint outlines how countries can integrate their retail payment systems onto a single cross-border network.
3 days ago

MAS lifts dividend cap on local banks, financial companies

Local financial firms are expected to remain resilient even should the economy slip into a recession again.
3 days ago

Chart of the Day: SG Bitcoin price predictions

This chart from the inaugural Independent Reserve Cryptocurrency Index shows that more than 50% of Singaporeans believe Bitcoin’s value will increase past $50,000 in 2030.
5 days ago

DBS provides S$6.2b collateral-free loans to SMEs amidst pandemic

The bank is now allowing small- and medium-sized enterprises to avail the loan digitally.
5 days ago

Temasek subsidiary launches three-tranche USD bonds offering

It is comprised of a 10-, 20-, and 40-year USD Temasek Bonds.
6 days ago

Virtual banking trumps branch banking amongst Singaporeans: study

But less than half of SEA respondents are excited by the digital services currented offered.
9 days ago

Singapore must flex its Green Fintech credentials ahead of COP26

With less than six months to go to the United Nations Climate Change Conference (COP26), scheduled to be held in the city of Glasgow in November under the presidency of the UK, now is the time for Singapore to flex its green fintech credentials.
10 days ago

DBS, MPA complete live bunker delivery financing pilot with digital bunker delivery note

This successful pilot is a first for Singapore, and demonstrates the viability of digitalised bunker financing.
10 days ago

Protection against accidents, illnesses top delivery riders’ insurance needs

Gigacover, an independent worker insurance provider, saw its users increase ninefold since 2020.
16 days ago

Chart of the Day: Bank stocks amongst strongest in H1 as locals average 19% of returns

DBS, OCBC, and UOB received net institutional and net proprietary inflows of $1.39b in Q1 and $468m in Q2.
20 days ago

UOBAM marks surge in online coporate investing

Clients' AUM on the online portal also surpassed S$1b (US$740m).
20 days ago

Real-time payment trumps cash, credit in payment method in Singapore 

Real time payment methods such as PayNow, DBS PayLah, and OCBC Pay Anyone has risen in popularity.
23 days ago

Chart of the Day: 5 of SGX's tech stocks average 25% total return in H1 2021

The 20 most traded manufacturing stocks contributed 20% to the combined average daily turnover.
25 days ago

Singapore parents prioritise children's expenses over retirement: study

Parents spend almost 20% of their income on their children but less than 7% on their own retirement planning.
25 days ago

MAS extends support facility for SMEs

The extension is from 1 October 2021 to 31 March 2022.
26 days ago