Financial Services

31 Jul 18
This cuts processing time from three days to 15 minutes.
30 Jul 18
Processing for bank deposits can be shortened by 4 days through PayNow.
30 Jul 18
It operates financial marketplaces in Indonesia and the Philippines.
30 Jul 18
Overall, there will be lower demand for office space allocated for bank branches, according to an analyst.
26 Jul 18
Banking fees are also expected to rise 13.8%.
25 Jul 18
Mobile banking usage has now overtaken branch visits by 15%.
25 Jul 18
Tier 1 Capital ratio could fall from 9.4% to 8% by 2019.
25 Jul 18
Krung Thai Bank’s net profit more than doubled to $230.08m.
25 Jul 18
Around 70 foreign branches may be shuttered by end 2018.
25 Jul 18
CBIRC urged banks to manage WMPs based on net value.
25 Jul 18
Financial institutions are discouraged from relying on the stolen information for customer verification.
24 Jul 18
The bank has small service providers rattled with the launch of its online property marketplace.
24 Jul 18
KrisFlyer members can instantly convert air miles to spend it on purchases.
24 Jul 18
Chan Seet Fun misappropriated client monies worth $12,900 to pay personal debts.
24 Jul 18
It will aid buyers to assess their 'affordability' range based on their cash flow.
24 Jul 18
He was previously ASEAN and Singapore Head of Treasury and Trade Solutions at Citibank N.A.
24 Jul 18
He will discuss how startups can unlock capital for their growth requirements.
24 Jul 18
Dimitri Kouchnirenko will discuss how startups can balance cost and profitability.
23 Jul 18
By 2020, OCBC will cut half of its bank tellers and will replace them with its latest ATMs and digital service kiosks.
23 Jul 18
Some banks are looking to establish family offices to serve Chinese entrepreneurs; as a sizeable proportion will look to transfer their wealth to...
20 Jul 18
Millennial account holders, with average balances of $34,000, will benefit most.
19 Jul 18
DBS fees from wealth are forecast to fall by 9.4%.
19 Jul 18
They will use Personetics' tools to understand customer behaviour and aid them in their financial decisions.
19 Jul 18
Lenders have one more year of relief amidst previous approvals they drew down.
18 Jul 18
They upgraded their data analytics usage for better identification of high-risk areas.
18 Jul 18
It includes specialist paediatric or gynaecological services and baby and motherhood products.
18 Jul 18
The scheme will allow users to top up through eNets and to transfer funds via FAST.
17 Jul 18
The app’s wide payment capabilities poses a risk to conventional banks.
17 Jul 18
MUFG is the ninth largest bank globally with a tier 1 capital of $153.04b.
17 Jul 18
Chinese lenders held the top four places in overall ranking based on Tier 1 capital.
17 Jul 18
A total of 66 mergers have been lodged with the Competition Commission of Singapore as of end-June.
17 Jul 18
And Workforce Singapore launches an on-the-go career coaching for job seekers.
16 Jul 18
Every 10bps rise in the SIBOR could offset a 1ppt slowdown in loan growth.
15 Jul 18
MAS proposed new misconduct reporting requirements and mandatory reference checks for FIs.
12 Jul 18
It has granted fewer housing loans compared to OCBC and UOB.
12 Jul 18
This helped them realise trading opportunities from free trade agreements, a study said.
12 Jul 18
The launch of the e-payments platform targets the airport’s Chinese passengers.
9 Jul 18
It can reduce future price shocks and mortgage loan losses, according to the ratings agency.
9 Jul 18
It also proposed amendments to how financial institutions should report misconduct.
9 Jul 18
Mastercard donated 10 pieces of the reader to the department.