Singapore

HSBC, SBF to help Singapore businesses scale GBA, India, Middle East

HSBC launched a business guide and will offer net zero transition solutions.

HSBC, SBF to help Singapore businesses scale GBA, India, Middle East

HSBC launched a business guide and will offer net zero transition solutions.

UOB secures major wins at ABF Wholesale Banking Awards 2024

UOB excels in AI, Digital Transformation, and Health & Wellness, showcasing its leadership in innovation and its dedication to comprehensive employee well-being.

MAS “closely monitoring” global IT outage

Major banks reported little to no impact to customers and key operations.

Standard Chartered bolsters Singapore private banking with new hires

The bankers hail from UBS, HSBC, Credit Suisse, and Deutsche Bank.

DBS rolls out gen AI assistant to customer service workforce

CSO assistant is expected to benefit its over 500 CSO staff in Singapore.

China’s XTransfer gains in-principle approval for Singapore MPI license 

XTransfer plans to launch e-business wallet services in the Lion City.

SG’s Maribank names ex-Trust Bank exec as new CEO

Natalia Goh takes over from Zheng Yudong, who will remain an advisor.

Great Eastern halts trading of its shares in SGX

This follows OCBC's increased shareholding in the insurer.

Fave Singapore clinches in-principle approval in Singapore

It can now offer account issuance and domestic money transfer services in SG.

Maybank SG prevents S$1.21m loss across 19 cases

The bank worked with the SPF to intervene in 19 scam cases.

Value of loans to SG SMEs fell by 42% in 2023

There were less SMEs earning $300,000 a month who took out loans.

DDEx’s digital token trade value triples in 5M 2024

Active trading clients have also grown by 36% during the period.

Singapore banks are phasing out OTPs for logins

Banks will instead use digital tokens to authenticate bank account login attempts.

OCBC unveils financial programme for SG’s 36,000 property agents

It offers preferential home rates and bonus interest, amongst others.

Maybank Singapore rolls out money lock feature

Customers will need to visit branches or use select ATMs to unlock funds.

Singapore proposes strengthened anti-money laundering bill

This includes empowering law enforcement agencies in prosecuting ML offences.