Singapore
Alipay+ expands digital services as SGQR payments surge
Alipay+ expands digital services as SGQR payments surge
Cross-border payment acceptance for Alipay+ now includes more than 100 markets.
UOB sees rising trade finance demand in ASEAN and Greater China
Digital payments made up 90% of total transaction volumes in the first half.
Banks see sharp drop in cheque use ahead of 2027 phaseout
More people are using e-payment solutions such as PayNow and FAST.
Singapore extends lead as regional fintech hub with 84% share
Regionally, fintech funding fell sharply to $1.1b (US$839m), down 39% from the same period in 2024.
Simplified SFO tax scheme to reduce friction, ensure benefits, MAS says
MAS recently announced plans to ease requirements on the tax framework for single family offices.
MAS, banks move to address PayNow surcharge amid fee concerns
Singapore’s central bank says banks must ensure transparency as it reviews surcharges on PayNow.
Standard Chartered ink partnerships to deepen global Indian proposition
The bank wants to further unlock access to Indian business networks in Singapore.
SG connects over 80 FIs under PathFin.ai initiative
It is also developing an AI risk management handbook under Project MindForge, due later this year.
HitPay offers stablecoin payments acceptance to small and medium businesses
Merchants are settled in fiat and reconciled in HitPay.
DBS forecasted to post softer Q3 earnings, maintain DPS at S$0.60
The reduction of the SORA could pressure the bank’s net interest margin.
ABC Impact, DBS, UOB establish US$110m sustainability-linked subscription loan
Proceeds will be used for ABC Impact’s ABC Impact Fund II.
Standard Chartered accelerating gen AI, data training for workforce
Over 15% of SC’s Singapore-based employees have undergone AI programme courses.
BPI Wealth Singapore opens at Marina Bay
Singapore is where the next generation of wealth conversations are happening, said Zobel de Ayala.
DBS Bank teams up with Cohen & Steers for new fund
The US firm aims to strengthen its presence in Asia through its new Singapore office.
Singapore banks introduce safeguard for large digital withdrawals
Accounts losing over 50% of balance may enter a 24-hour cool-off period.
Singapore’s investment banking fees rise 31.5% in 9M 2025
ECM underwriting fees and M&A advisory fees have more than doubled.
Singapore’s private banking industry seeks to strengthen philanthropy advisory
They want to enhance advisors’ capabilities related to making philanthropic decisions.
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1. UOB’s net profit down 16% to $443m in Q3 2. ShaComm Bank, HashKey team up for digital asset push 3. MAS, police tighten coordination for Prince Holding Group probe 4. Hang Seng Bank launches money lock feature 5. ANZ warns H2 profit will be hit with $727.19m charges from significant itemsResource Center
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Experts explored how hybrid multi-cloud strategies and interconnected data centres are shaping the future of banking in the region.
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