Financial Services
More scams drive complaints to highest level in 20 years
More scams drive complaints to highest level in 20 years
Fraud and scam-related disputes account for nearly half of all claims.
UOBAM launches gold portfolio mixing bullion, mining stocks
There’s a growing interest from retail investors for gold-linked exposure.
Singapore sees slower crypto user growth despite high adoption
Both Singapore (28%) and Hong Kong (27%) show high familiarity but slower growth in new users.
V2Y Corporation secures $20m loan to bolster capital, explore new business
The group also plans to change its corporate name.
Asset manager Lighthouse Canton to invest $1.5b in India: report
It’s $1b in private credit and $500m in real estate over the next 3-4 years.
iFast Corporation posts $26.1m net profit in Q3
The bank credits growth on its unit trust, wealth management, and ePension platforms.
Singapore investors lead globally in AI-driven investing
Interest in AI education is also high, with 39% planning to learn more about AI-driven investment strategies within the next year.
Citibank, HSBC, RHI lead Singapore brand experience
Across the three sectors evaluated, Citibank, HSBC, and Raffles Health Insurance (RHI) emerged as category leaders.
ShopBack eyes global expansion, taps gaming for growth
The US will be a key focus in the coming years.
MAS launches BLOOM for tokenised liabilities settlement
The program could also ease settlement assets, compliance checks, and agentic payments.
OxPay utilises net proceeds from convertible loan of $1.8m
It has been used for operating expenses, amongst others.
OCBC SME Index holds at 50.5 in Q3 with gains in ICT and manufacturing
Looking ahead, OCBC expects conditions to ease as consumer sentiment remains cautious.
Over 1 in 2 Singaporeans spend $5,000 annually on out-of-pocket business costs
Long waits for reimbursements are one key issue employees face, said Airwallex.
Job insecurity, cyber risks expose weak spots in remittance sector
Stronger coordination between regulators, insurers, and payment providers is essential.
Fintechs accelerate global expansion with IFC partnerships
About 41% of Singapore-based fintechs surveyed see DLT as foundational to their operations.
Singapore jumps to fourth in global fintech rankings
Singapore has overtaken London, which fell to fifth.
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