Singapore

Singapore fintech talents record 2nd highest turnover rate globally: study

Beyond attractive compensation, fintechs should also emphasise wellbeing, flexiwork.

Singapore fintech talents record 2nd highest turnover rate globally: study

Beyond attractive compensation, fintechs should also emphasise wellbeing, flexiwork.

Payments platform YouTrip unveils YouBiz offering zero FX fees and unli cashback

YouBiz is also launching a credit facility offering flexible financing to SMEs.

Airwallex rolls out virtual borderless card in Singapore

Businesses will be able to transact in more than 140 currencies and wherever Visa is accepted.

DBS, Xero simplifies SMEs loan application with data-sharing partnership

Xero customers now has the option of sharing their transaction records to DBS.

Singapore banks report lower earnings in unison

DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.

UOB profits down 11% to S$906m in Q1 amidst market volatility

Loan fees grew, but credit card and wealth fees recorded declines.

OCBC reports S$1.36b net profit in Q1

Profits were 10% lower than last year, but 39% higher than Q4 2021.

DBS posts US$1.3b net profit in Q1, second-highest on record

Wealth and investment banking fees were lower after 2021’s exceptional year.

6 in 10 Singaporeans have high trust in banks

Only 5% have low trust in the banking industry.

DBS, Manulife Singapore launch insurance starter plan ProtectFirst

Customers can choose from three plans that focus on illness, life protection, or accident coverage.

Singapore standardizes template for corporate environmental risk assessment

A workgroup composed of Citi, DBS, HSBC, OCBC, StanChart, and UOB worked on the questionnaire.

Citi unveils 12-week sabbatical leave programme for long-time employees

The programme is available to employees in Singapore, Hong Kong, and Japan initially.

Citi launches its Sustainable Trade and Working Capital Loans solution

It aims to give liquidity for international trade finance activities and other commercial activities.

Hugosave secures MPI licence from MAS

The company can now offer services exclusive for MPI licence holders.

Crypto and DeFi cannot circumvent Russia financial sanctions: MAS

The regulator said appropriate measures will be taken for FIs who will breach these sanctions.