Singapore

How exponential tech drove Asian banks' business transformation

The webinar discussed trends in digitisation and how banks are effectively using data to enhance processes.

How exponential tech drove Asian banks' business transformation

The webinar discussed trends in digitisation and how banks are effectively using data to enhance processes.

Bangladesh issues sovereign sukuk worth $463.24m

A total of 39 financial institutions participated in the auction.

Singapore central bank amends rules on managing tech risks

Financial firms should analyse and share threat intelligence within the ecosystem.

Even with the arrival of the digital banks, don't write off the incumbents

Much has been written about the likely death of incumbent banks in the face of coming competition from neobanks (or digital banks) soon to be launched in Singapore, that will be more nimble and agile, have more streamlined processes and lower cost overheads, be free of any legacy (in the form of infrastructure, and mindsets) and give customers exactly what they want.

OCBC launches COVID-19 employee vaccine support programme

The bank will provide vaccine education as well as support for side effects.

Singapore tightens regulation of virtual payment entities to combat risks

DPT activities carry higher inherent money laundering and terrorism financing risks.

SFF x SWITCH 2020 To Feature 40 Global Satellite Events

Kicking off on 7 December, the conference features key luminaries that include Bill Gates, NZ PM Jacinda Ardern, amongst others.

Find out how your finance app ranks against the best performers in the industry

Adjust and Apptopia provide an overview of mobile finance in the Mobile Finance Report 2020. Mobile finance is quickly establishing itself as an integral part of everyone’s daily lives, whether that’s in advanced economies—where mobile apps provide an unparalleled ease of use—or in emerging markets—where mobile finance is bringing banking services to people historically out of reach of the banking industry.

Aspire, Xero partner to minimise data errors for SMEs

Aspire transactions will be imported into Xero hourly.

Rough road ahead for big three banks after improved Q3

OCBC, DBS, and UOB’s earnings rose in Q3—but 2021 presents a tough test as fiscal, monetary relief gets withdrawn.

How Spenmo helps businesses secure direct loans

The platform also allows merchants to effectively manage expenses.

Weekly Global News Wrap: Revolut to apply for US bank licence; G7 to block Facebook's Libra

And Credit Suisse hires former Bank of America investment banking head.

Bank-Genie, Cufa rolls out banking solutions for Myanmar's credit unions

Bank-Genie’s BanqIn will migrate customers’ data in a single platform.

APAC banks' problem loans to double by 2022: Moody's

India and Thailand are the most vulnerable.

Contactless payments shift to overdrive as APAC locks down

Individuals and businesses scramble to adapt, but pitfalls remain.