Financial Services
GFTN appoints Ravi Menon as chair, names diverse board members
GFTN appoints Ravi Menon as chair, names diverse board members
The deputy managing director of MAS is also part of the board.
Singapore captures 53% of APAC fintech funds in 9M
It raised US$745m.
Ant International streamlines AI for secure, cost-effective cross-border transactions
The initiative is designed to help merchants.
APIX and SBI launches innovation hub for startups
It aims to drive financial innovation and digital transformation.
Visa and Tencent pilot palm payments in Singapore
The pilot will involve DBS, OCBC, and UOB Visa cardholders.
OCBC taps LTA for blockchain payment pilot in construction projects
Over S$22m has been disbursed under the pilot.
Banque de France, MAS completed post-quantum cryptography trial
The technology aims to protect data from cybersecurity threats posed by quantum computing.
DBS issues green loan for Rexus Bioenergy’s biomass plant in Jurong
The facility will be completed in H2 2026.
Bank Indonesia and MAS extend bilateral financial arrangement to 2027
The arrangement consists of two agreements.
Singapore unveils national anti-money laundering strategy
It will centre on prevention, detection, and enforcement.
MAS fines Atrium Asia Investment $1.9M for AML/CFT compliance breaches
It breached the requirements from June 2015 to October 2020.
Keppel Infrastructure Trust bags $75m credit facility
The facility sets two conditions.
iFast Corporation Q3 net profit jumps 97.3% YoY to $16.81m on strong revenue
Gross revenue for the period was $99.14m.
Singtel sells Dash to Western Union as part of simplification plan
Dash has over 1.4 million users.
Keppel Pacific OAK US REIT obtains US$45m loan facility
It secured the facility through its trustee.
EnterpriseSG launches sustainability reporting grants for local firms and SMEs
The initiatives will support firms reporting on sustainability and help others prepare.
ESR-LOGOS secures $225m and JPY15.5b sustainability-linked term loans
It will use proceeds from both facilities for corporate funding.
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