SINGAPORE consumers are shifting towards online banking and online shopping amid the coronavirus pandemic, while also pivoting to better money management and mindful spending, a survey by Standard Chartered (StanChart) has found.
THE Infocomm Media Development Authority (IMDA) has partnered DBS, OCBC and UOB to develop banking solutions, leveraging nationwide e-invoicing network InvoiceNow with the PayNow e-payment system.
SINGAPORE digital banking licence hopeful Zall Smart Commerce Group on Wednesday said it is expanding its Singapore operations and scaling up its investments in the Republic.
DIGITAL wealth manager Syfe has closed an US$18.6 million Series A funding round led by PayPal co-founder Peter Thiel's Valar Ventures, which previously backed Xero, TransferWise and German neobank N26.
PAYMENTS firm TransferWise's earnings for the fiscal year ended March 31, 2020 have more than doubled from the year-ago period, marking the fintech unicorn's fourth straight year of profit as it makes global expansion plans amid the pandemic.
HSBC on Tuesday said it has closed the first receivables financing deal on Singapore's Networked Trade Platform (NTP), paving the way for small and medium-sized enterprises (SMEs) to access funding in just 15 minutes, down from a day traditionally.
HSBC on Tuesday said it has closed the first receivables financing deal on Singapore's Networked Trade Platform (NTP), paving the way for small and medium-sized enterprises (SMEs) to access funding in just 15 minutes, down from a day traditionally.
JAPANESE insurer Tokio Marine Life Insurance Singapore (TMLS) has appointed Edwin Peh as its chief financial officer (CFO), Esmond Chan as chief operations officer (COO) and Goh Kay Yiong as chief investment officer (CIO), it said on Monday.
WORKER and student accommodation provider Centurion is inviting holders of its existing S$60 million due-2022 notes to exchange them for new 3.5-year notes at a premium and/
UOB has some catching up to do on the green banking front, said Maybank-Kim Eng analysts, with the bank lagging its peers on its environmental, social and governance (ESG) financing portfolio and certain diversity metrics.
CALL it the next Spotify or Netflix - but for banking. Singapore banks are boosting their efforts in the game of amped-up customisation for retail customers. DBS is the latest to convert customer data into "hyper-personalised" recommendations for customers to manage their finances and investments, as a means of deepening customer engagement and fending off upcoming digital banking upstarts.
UOB has some catching up to do on the green banking front, said Maybank-Kim Eng analysts, with the bank lagging its peers on its environmental, social and governance (ESG) financing portfolio and certain diversity metrics.
INSURER AIA Singapore on Monday announced the creation of up to 500 new career opportunities, training and financial support aimed at fresh graduates and mid-career switchers.
WORKER and student accommodation provider Centurion Corp is inviting holders of its existing S$60 million due-2022 notes to exchange them for new 3.5 year notes at a premium and/or to sell them for cash at par.
ALREADY struggling for survival amid the deepest recession in years, some business owners have also discovered in recent months that the insurance policies they bought for cover against business interruption - and that they are paying thousands of dollars in annual premiums to sustain - will not be paying them a cent.
THEY are typically over 30 years old, educated, hardworking and unafraid of asserting their spending power. Some have children, but many others choose not to, preferring to save all their money for themselves.
THE General Insurance Association of Singapore (GIA) and the Life Insurance Association, Singapore (LIA Singapore) on Friday announced the extension of relief measures that will give policyholders more time to pay premiums, while maintaining their coverage.
THE General Insurance Association of Singapore (GIA) and the Life Insurance Association, Singapore (LIA Singapore) on Friday announced the extension of relief measures that would give policyholders more time to pay premiums while maintaining their coverage.
IN ITS first investment in a local entity since setting up shop in Singapore earlier this year, the Asian Development Bank (ADB) will inject US$95 million into Clifford Capital Holdings (CCH), spurring growth in the Temasek-backed company - especially in the area of sustainable infrastructure financing in Asia
IN its first investment in a local entity since setting up shop in Singapore earlier this year, the Asian Development Bank (ADB) will inject US$95 million into Clifford Capital Holdings (CCH), spurring growth in the Temasek-backed company - especially in the area of sustainable infrastructure financing in Asia
