Singapore

Moomoo Singapore and Wise collaborate for easy trade deposit system

The app will allow Singaporeans to change the local currency to Singapore dollars based on real-time exchange rates.

Moomoo Singapore and Wise collaborate for easy trade deposit system

The app will allow Singaporeans to change the local currency to Singapore dollars based on real-time exchange rates.

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

SG fintech Volopay targets to triple revenue by June 2024

Rising above the pandemic, varying regulations, and talent pool challenges, Volopay sets an ambitious goal to expand operations.

UBS appoints new CFO following Credit Suisse’s takeover

Todd Tuckner will take on the CFO post at the close of the acquisition.

GXS Bank launches brand in Singapore with GXS FlexiLoan, campaign

GXS collaborated with three local artists to create the key visuals for the campaign. 

1 in 5 of OCBC’s home, renovation, and car loans now green

The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023.

WhatsApp launches payment feature in SG

Users will be able to send payments to merchants.

DBS imposed with $1.6b additional capital requirements for service disruptions

Total additional regulatory capital has now reached about S$1.6b (US$1.2b).

Landmark receives payment license in Singapore

It began its operations after acquiring the license.

Singapore’s Trust Bank exceeds 450,000 customers in 5 months

This comes after the bank onboarded 100,000 people in 10 days after launch.

US Treasury and MAS reinforce cross-border cybersecurity

The collaboration follows the MOU on Cybersecurity Cooperation between the institutions in August 2021.

DBS hits record net profit of S$2.57b in Q1

Board has declared a dividend of SGD 42 cents per share.

Alipay Q1 transactions by Chinese tourists in SG nearly doubles

Total user transactions in March averaged 45% of the tally in 2019.

MAS hosts meetings for central banks to tackle climate issues in finance

Climate-related risks and issues were identified for the transition to green financing.

UOB posts record net profit of S$1.6b in Q1

Core operating profit was also 60% higher at S$2.1b.

GXS Bank Introduces FlexiLoan

Interest rates start from 3.8% per annum.