Singapore

The new Maybank2u SG (Lite) app offers e-angbao gifting and other money management features.

One measure is the removal of the clickable links in SMSes sent by the bank.

The institutions will collaborate on payments innovation projects amongst others.

The cloud is increasingly becoming the primary location for financial institutions to store and process data: most financial institutions have moved their applications to cloud platforms, and many of those that still have their data on-premise today are planning their imminent migration to cloud.

The bank assured customers that it employs a multi-layered defence system against fraud.

Banks are asked to remove links in emails and SMS sent to customers.

Two operators, Daenerys and Deodi, have shut down their ATM machines in the city.

Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.

The new guidelines instruct against marketing DPT services in public areas.

Loyalty programs are also rated as important by consumers in the city.

Fund managers can now use different fund strategies as one entity.

Customers of the fintech platform will receive funds locally in SGD.

Asian Banking & Finance will be back on 10 January 2022. 

UOBAM Invest is the first partner to be onboarded in the BIX platform.

The supervisory roundtable was held virtually.

The partnership enables Citi to identify solution partners in a cost-efficient way.