Singapore
OCBC Bank and SAS wage war on fraud with award-winning digital surveillance system
The proactive fraud detection system helped OCBC recover $8m worth of fraudulent transactions.
OCBC Bank and SAS wage war on fraud with award-winning digital surveillance system
The proactive fraud detection system helped OCBC recover $8m worth of fraudulent transactions.
How financial firms can take climate action beyond CSR campaigns
SAP tells Asian Banking and Finance how to manage climate risks in the financial industry.
Digital dominance to decide Singapore’s retail banking future
Traditional banks are struggling to keep up.
Deutsche Bank Wealth Management appoints new SEA investment team head
Alania Conception is previously head of investment consulting for Credit Suisse Singapore and Malaysia.
UOB adopts the Equator Principles to refine sustainability strategy
The bank will apply the principles to assess and manage environmental and social risk projects.
HSBC Singapore unveils enhanced int'l benefits for premier customers
Customers’ immediate family can enjoy a suite of benefits with no minimum balance required.
Singapore fintech investments reach $614.2m in H1 with smaller deals
The total transaction value is smaller than in H1 2020 but deal numbers are at a three-year high.
Singapore banks push ahead to post-pandemic era
Significant loan book exposure in China is helping them recover faster than their regional peers.
Singapore Fintech Festival 2021 to discuss Web 3.0 for financial uses
It will take place from 8 to 12 November as a hybrid event.
Singapore banks post robust net profit results
All three major banks reported net profits of more than $2b for the first six months of 2021.
DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced
Fee income rose to a record as wealth fees hit new heights.
OCBC net profit soars by 86% to $2.6b in first half
The net profit growth was driven by a robust banking and insurance performance.
UOB net profit up 29% to $2b in first half of 2021
Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.
Meeting the challenges of SME Banking during the COVID-19 pandemic
Understanding the needs of SMEs is key to a bank’s sustainability—and even success—during the current crisis.
SG bank loans expand by a record-breaking 3.5% in June
This is the fastest rate of expansion since October 2018.
MAS, BIS publish proposal on global retail payments network connectivity
Called Project Nexus, the blueprint outlines how countries can integrate their retail payment systems onto a single cross-border network.
Singapore lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.