Singapore
OCBC to remain strong and stable through 2024: Moody’s
Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024.
OCBC to remain strong and stable through 2024: Moody’s
Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024.
MAS to set expectations on credible transition planning
The guidance will cover FIs governance frameworks in managing climate-related financial risks.
Circle Singapore secures MPI license from MAS
The company can now provide digital payment token services, cross-border money transfers, amongst others services.
Green Link Digital Bank commemorates one year, plans of SGX listing 2027
The bank celebrated by donating S$150,000 to charity.
Banking on customer experience
By Ricky Kapur, Head of Asia Pacific, Zoom
Artificial intelligence at the epicenter of Singapore FinTech Festival 2023
The event is scheduled for 15 to 17 November.
MAS slams 6 ex-Great Eastern financial advisers with prohibition orders
This follows after the six individuals were convicted of tax evasion.
MAS grants Wallex new services in addition to MPI license
The new services come on top of its Major Payment Institution (MPI) license.
Winnie Chen named BNY Mellon's Singapore chief executive
This is in addition to her role as APAC Head of Treasury Services.
StanChart, SFA unveil paper exploring DLT-use in supply chain payments
The publication explores stakeholder collaboration for improved payment transparency in supply chains.
Worldpay terminates OxPay deal over alleged clause breach
The termination could affect the company's financial standing end-2023.
Singapore’s finance and insurance industry shrank 0.9% in Q1
Banks saw a decline in net fees and commissions during the first three months of 2023.
Atome’s buy now pay later service now available in Amazon Singapore
Customers can opt to pay in three installments with zero interest through Atome.
Singapore central bank boosts efforts for AI and data analytics skills
The central bank will aggregate skills demand and collaborate with financial institutions.
SG investment firm Whampoa Group to build digital bank in Bahrain
It aims to establish a digital bank by the end of this year.
MAS, New York Fed unveil results of study on DLT use for cross-border wholesale payments
Distributed ledger could be used to enhance cross-border multi-currency payments, the study found.
Only 30% of Singaporeans trust financial institutions, amongst the lowest in the region
In Hong Kong, Australia, and Singapore, less than half of the customers express trust in their banks.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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