Financial Services
MAS unveils successful digital bank license applicants
MAS unveils successful digital bank license applicants
The regulator signaled that it is open to granting more DWB licenses in the future.
Singapore's Millennials tighten grip on money amidst pandemic
About 27% revealed that their borrowing rose in the last month.
Standard Chartered pilots learning hub in Singapore
Through the lab, the bank hopes to upskill 8,000 employees by 2022.
AXA Singapore boosts COVID-19 travel insurance coverage
Clients will receive benefits such as hospitalisation and quarantine allowance.
MAS bans two insurance agents for dishonesty
They were formerly with Aviva and Great Eastern Life, respectively.
MOF encourages local organisations to share Budget 2021 insights
Interested parties can give suggestions from 3 December to 8 January.
One in three Singaporeans ditch their travel credit cards
As much as 551,000 Singaporean card holders may have said goodbye to their cards, says Finder.com.
Banks rerate 17% due to recovery trade: Maybank
The recovery trade is driven by news of successful COVID-19 vaccine trials.
StanChart launches SGD sustainable time deposit product
Its recent study found ample interest in sustainable investing from affluent Singaporeans.
Fintech CardUp announces new deal with Visa
The deal will allow businesses to instantly access credit on international payments.
Daily Briefing: MAS urges households to be prudent in expenses; F&B outlets seeing slow recovery
And SG’s Tazapay raises $4.29m led by Sequoia India’s Surge, Saison Capital.
Singapore bank loans down for fifth straight month
Demand-supply conditions for loans remains soft going into Q4, says OCBC Treasury Research.
OCBC adopts Equator Principles
This strengthens its environment and social (E&S) risk management disclosure.
MSIG Singapore pilots plan for gig workers
The policy starts from $6.89 for a weekly basic plan.
MAS to grant non-bank financial institutions access to FAST, PayNow
Beginning February 2021, NFI e-wallet users will be able to make real-time transfers to banks.
MAS orders removal of EH-REIT manager
The order follows a notice of intention issued on 26 October.
Aviva, Singlife complete merger
It is claimed to be the country's largest insurance deal at $3.2b.
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