Financial Services
Chart of the Day: Singaporeans leave their money to savings and insurance
Chart of the Day: Singaporeans leave their money to savings and insurance
Those in early adulthood are likely to do both.
High interest rates carry DBS to record net profit of $8.19b in 2022
Total income surpassed $16b for the first time in the bank’s history.
By the numbers: A look into Singapore's Fintech Industry
Singapore falls behind India in terms of Fintech development.
SFA, Workforce Singapore launch FinTech Talent Programme
It is the first career conversion programme in the industry.
GXS Bank names former SGX president as group CEO
Since stepping down in 2019, Muthukrishan Ramaswami has served on the boards of GovTech Singapore and Temus.
SG emerges as 4th most crypto-ready market in the world
The Lion City is home to 800 crypto-based companies.
SMU arm, TechFin to launch Web 3.0 programme to address fintech talent gap
They will roll out the programme at the end of January.
FinTech firm Pilon raises $6.88m in seed round
The fund will be used to improve its product offerings and operation expansion.
Knowledge gap, lack of action behind failure to follow accounting standards: ACRA
There were 23 non-compliance cases in 12 financial statements reviewed.
AI, big data amongst trends in banks: Maybank
Investments in AI are at an accelerating pace for DBS, UOB, and OCBC.
Banks in the Lion City have been deploying AI and big data at an accelerating...
Over US$14.6m funds stolen through crypto fraud
SG is the 9th most targeted market by fraudsters.
MAS issues 8-year prohibition order vs Ex-insurance firm representative
This after he was convicted for cheating offences.
Chart of the Day: Cards are top payment method in e-commerce
It accounts for 41.4% of the e-commerce market.
Analyst sees banking ROE improvement due to NIM expansion
RHB said there will be tailwinds from hikes in federal funds rate.
9 in 10 finance professionals say open banking is a key part of a bank’s landscape
More than half said it’s now a “must-have” for banks.
MAS slaps former UOB representative with 15-year prohibition orders
The court convicted Han Delong of criminal breach of trust, amongst others.
3 ways Singaporean investors are battling inflation
Investors said inflation is the main challenge in pursuing their new goals.
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