BankingFeaturedSingapore’s virtual bank accounts to increase by 30% by 2026IFM CorrespondentOctober 11, 2021 by IFM CorrespondentOctober 11, 2021 Currently, only 18 percent of adults in the country have virtual bank accounts.... Read more
BankingFeaturedMonetary Authority of Singapore launches data-sharing platform to combat money launderingIFM CorrespondentOctober 5, 2021October 5, 2021 by IFM CorrespondentOctober 5, 2021October 5, 2021 The platform is named Cosmic and it will enable financial institutions to securely share information on customers or transactions... Read more
CurrencyFeaturedDBS to launch digital bourse for crypto tradingPritam BordoloiDecember 15, 2020 by Pritam BordoloiDecember 15, 2020 Singapore Exchange will take a 10% stake in the digital exchange... Read more
BankingFeaturedDBS Bank revamps online banking platform in TaiwanPritam BordoloiSeptember 25, 2020 by Pritam BordoloiSeptember 25, 2020 It will help the bank provide its wealth management clients sophisticated personalised services... Read more
BankingFeaturedCitibank appoints new Southeast Asia chairmanPritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Citi Malaysia chief executive officer Lee Lung Nien will take over the role of chairman... Read more
BankingFeaturedUOB approves loans worth $4 bn for impacted businesses in SingaporeInternational Finance Business DeskMay 5, 2020May 5, 2020 by International Finance Business DeskMay 5, 2020May 5, 2020 These loans come under Enterprise Singapore's Temporary Bridging Loan Programme... Read more
BankingFeaturedCoronavirus: Southeast Asian banks face surge of bad loansSamuel AbrahamMarch 25, 2020March 25, 2020 by Samuel AbrahamMarch 25, 2020March 25, 2020 Banks in Singapore, Malaysia, and Vietnam are easing borrowing terms as they face a rise in distressed loans... Read more
BankingFeaturedSingapore-based MatchMove led consortium to venture into digital bankingPritam BordoloiMarch 19, 2020 by Pritam BordoloiMarch 19, 2020 The fintech is teaming up with Singapura Finance and two others to apply for a digital banking licence... Read more
BankingFeaturedTwo Chinese groups apply for Singapore digital banking licencePritam BordoloiJanuary 23, 2020 by Pritam BordoloiJanuary 23, 2020 The Monetary Authority of Singapore has received 21 applications so far for digital banking licences... Read more
FintechIF EXCLUSIVE: Singapore digital banks: Compete or collaborate?International Finance DeskAugust 5, 2019March 18, 2020 by International Finance DeskAugust 5, 2019March 18, 2020 With a digital banking licence, Singapore’s fintech startup InstaReM plans to change the dynamics of banking customer experience... Read more