Singapore
DBS commits add'l $100m to its foundation
The funds will mainly go to improving the livelihood affected by the pandemic.
DBS commits add'l $100m to its foundation
The funds will mainly go to improving the livelihood affected by the pandemic.
Singaporeans want more biometric payment cards —survey
Latest industry survey reveals 88% of Singaporeans prefer biometric cards.
MAS slaps S$930m additional capital requirements for DBS
This comes after the bank’s digital services went offline in November.
MAS clarifies coverage for loss arising from scams
OCBC fully-covering losses should not set a general precedent for future cases, the regulator said.
Singapore releases methodologies on responsible use of AI by financial institutions
The Veritas Consortium also released an open-source toolkit to help with adoption.
Maybank SG new banking app enables online SME current account opening
The new Maybank2u SG (Lite) app offers e-angbao gifting and other money management features.
OCBC implements anti-scam measures following increased phishing attacks
One measure is the removal of the clickable links in SMSes sent by the bank.
MAS, Bank Indonesia beef up bilateral cooperation
The institutions will collaborate on payments innovation projects amongst others.
How Singapore FIs can address the tech and cyber security risks associated with public cloud adoption
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.
DBS to only send 'essential' SMEs to retail, wealth customers
The bank assured customers that it employs a multi-layered defence system against fraud.
Singapore launches new measures to bolster digital banking security
Banks are asked to remove links in emails and SMS sent to customers.
Cryptocurrency ATMs close down in Singapore following MAS clampdown: report
Two operators, Daenerys and Deodi, have shut down their ATM machines in the city.
Grab Singapore includes more banks in linked account feature
Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.
Singapore bans promotion of cryptocurrency trading in public
The new guidelines instruct against marketing DPT services in public areas.
Contactless payments snare Singapore’s boomers
Loyalty programs are also rated as important by consumers in the city.
What you need to know about Singapore’s VCC structure
Fund managers can now use different fund strategies as one entity.
Fintech platform Airwallex officially launches in Singapore
Customers of the fintech platform will receive funds locally in SGD.
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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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