Financial Services

30 Nov 18
Business loans grew by 3.35% due to a steep 10.53% climb in building and construction loans.
29 Nov 18
Frasers Experience will allow shoppers to digitise their physical gift cards and to load it to their app's e-wallet.
28 Nov 18
Incumbents are launching VC arms and innovation labs to avoid being outpaced.
26 Nov 18
Singapore dollar notes by First REIT and those sold by OUE have dropped amidst a liquidity crunch.
23 Nov 18
Net interest margins are poised to widen amidst expected rate hikes.
21 Nov 18
GrabPay and Go-Pay are examples.
20 Nov 18
Those caught in the act will need to pay over $1m or twice the value of the suspicious transaction.
19 Nov 18
It will regulate systemically important payment systems and focus on retail payment services.
16 Nov 18
Users can remit and receive money directly from their GrabPay wallet.
15 Nov 18
The move is a part of its strategy to further digitise client solutions.
15 Nov 18
Approval decisions for applications will be granted within 21 days.
15 Nov 18
Firms specialising in SME financing and wealth management services lured significant investor interest.
14 Nov 18
It aims to showcase AI, blockchain, big data and cloud technologies.
14 Nov 18
co.lab will help Australian fintechs crack the Asian market.
14 Nov 18
It hopes to open dialogue on the benefits of fintech collaborations between Latin America and the Caribbean and ASEAN.
13 Nov 18
JP Morgan, Citi and BAML are more vulnerable to threats than homegrown lenders.
13 Nov 18
Business sans Borders will provide digital services and connections to SMEs to boost local and global trade.
12 Nov 18
Singapore users will be able to pay their bills, purchase movie or concert tickets and access gaming codes.
12 Nov 18
Customers can pay and top up their GrabPay wallets directly from their UOB bank accounts.
12 Nov 18
The collaboration will extend to other SEA countries.
11 Nov 18
However, this is still lower than the 2008 average.
11 Nov 18
It will simplify post-trade processes and shorten settlement cycles.
9 Nov 18
Trade tensions and higher interest rates will dampen borrowing.
9 Nov 18
And vegan consumer platform abillionVeg raises $700,000 from eight investors.
8 Nov 18
Overall satisfaction levels fell by 9 points to 718.
7 Nov 18
And cross-border payments startup Wallex secures remittance licence from MAS.
7 Nov 18
UOB Plaza is the first office building owned by a foreign bank in the Lujiazui Financial District.
6 Nov 18
A MAS official thinks that SGX can explore how it can work with Chinese counterparts to support BRI financing.
6 Nov 18
Its chief executive stressed that supply chains are hard to move.
5 Nov 18
Their combined income hit $24.2b in September.
5 Nov 18
As a result, 1,850 employees will be transferred from the branch to the subsidiary.
5 Nov 18
It will make a local currency bilateral swap agreement where both central banks can exchange up to $9.5b.
5 Nov 18
It is still in talks with Malaysian authorities for options on meeting foreign ownership rules.
5 Nov 18
Strong lending and fee income figures boosted quarterly earnings.
2 Nov 18
Bond issuance by Chinese issuers in Singapore almost doubled in 2017 to reach $18b.
2 Nov 18
Net interest income grew 9% to $1.51b.
1 Nov 18
Six homegrown fintech firms made it to the world’s top 100 with Grab nabbing a place in the top ten.
1 Nov 18
This marks the slowest on-year pace since February.