Singapore
UOB’s net profit down 3% to S$2.83b in H1 2025
UOB’s net profit down 3% to S$2.83b in H1 2025
Interim dividend is 85 cents per ordinary share.
TransferMate clinches MAS approval to add payment services
This expands its existing suite of products in Singapore to include storing funds.
DBS and UOB earnings to show impact of SORA, credit costs
DBS should have good earnings, whilst the effect of SORA is a point of interest.
Automation stalls hiring at Singapore’s top banks
Lenders are also upskilling to keep up with tech.
Chocolate Finance raises $19.4m in Series A+ funding
It has also received a license to start its operations in Hong Kong.
Airwallex gains capital markets services license in Singapore
It is also launching Airwallex Yield to businesses in the city.
Singapore launches electronic deferred payments to ease cheque phase-out
EDP and EDP+ will be available in seven banks’ digital banking platforms.
HSBC Singapore unveils health and wellness centre at The Star Vista
They are provided 24/7 concierge and emergency care coordination, amongst other services.
DBS launches bespoke private assets solution for UHNWs and family offices
The bank has teamed up with Hamilton Lane to launch PATH.
Moomoo Singapore surpasses 1.5 million app users
The investment app has launched an AI investment assistant.
DBS launches gen-AI coaching tool for employees
Guidance will be tailored based on employees’ role and internal mobility pathways.
Shaping the Future of Financial Services: ABF & IA Summit 2025 Heads to Singapore
Leading voices from Google, HSBC Life, and GXS Bank will come together on 25 September to discuss critical issues shaping the banking and insurance industries.
DBS launches digital voucher system through Paylah platform
Programmable Rewards is aimed at companies and public agencies seeking to streamline campaigns, among others.
Ant Int’l’s Antom upgrades AI agent
The Chargeback AI Assistant builds a tailored response based on automated case-by-case analysis.
Singapore banks’ interest income expected to come weaker in Q2
Net interest margins of the 3 banks are expected to compress by 5-7 basis points.
GXS Invest embeds insurance coverage with Singlife
Coverage will be up to three times the investment amount capped at S$100,000.
Protecting against the mobile Trojan horse in your pocket
Scammers, and the criminal organisations they work for, will always look for and take advantage of flaws in mobile banking security.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer