Singapore
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 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.
Four in five Singaporean Gen Z have tried to go fully cashless: Visa
And 6 in 10 SG consumers tried to go cashless in bills payment.
Fintech Pace launches BNPL payment card in Singapore
Consumers can use the card for online purchases with Pace merchants.
MAS, BIS develop prototype supervisory analytics platform
Project Ellipse aims to identify potential risks to individual banks and the banking system.
UOB chief’s salary climbs to S$10.9m in 2021
The group also reported a 40% surge in net profits for 2021.
Fintech Ant Group appoints new general manager for SEA
Jia Hang will be based in Singapore.
One in three Singaporean consumers turn to BNPL to manage money: study
But consumers’ aversion to debt pulls back wider adoption, RFI Global found.
Fintech Validus buys Citi’s CitiBusiness loan portfolio in Singapore
It’s the first fintech in SEA to acquire an established bank’s loan portfolio.
Singapore forms buy now, pay later working group to develop framework
The working group is calling out to local organisations offering BNPL to join their ranks.
How AI is Modernising Data for the Financial Services Industry
In November, Singapore’s National AI Office (NAIO) collaborated with the Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Office (SNDGO) in a programme to strengthen AI capabilities within Singapore’s financial sector by providing financing and access to government data. In fact, even before the pandemic, the financial services industry has already been witnessing an acceleration in digital transformation.
Buy now, pay later to make up 8% of e-commerce transactions in 2025: FIS
Digital payment methods chip away at card use and bank transfers.
Buy now, pay later (BNPL) market is projected to grow at a compound annual growth rate (CAGR) of 40% through 2025 to become the fastest growing online payment method in Singapore, reports FIS.
Singapore prohibits doing business, freezes assets of 4 Russian FIs
MAS has ordered all of their assets in Singapore to be frozen.
DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021
His cash bonus jumped 51% in 2021 compared to the previous year.
DBS forges on with net-zero goals in 2022
It is transforming its data centres and server rooms into carbon-neutral assets.
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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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