Singapore
DBS, IMDA future-proof SMEs with Spark GenAI
DBS, IMDA future-proof SMEs with Spark GenAI
The bank plans to engage 50,000 businesses over the next two years.
JPMorgan Chase Bank fined $2.4m for oversight lapses in bond transactions
The bank had already paid the civil penalty.
Singapore banks well-positioned to manage challenges: MAS
The banking system has strong capital and liquidity buffers, the central bank said.
TrustBank to launch investment solution in 2025
It has opened a waitlist.
MAS issues 14-year prohibition orders against Loh Sheng Yang
Yang was convicted of cheating, forgery, and acquiring criminal benefits.
Barclays to establish private bank booking centre in Singapore
The bank will provide quasi-institutional investment solutions.
Maybank Singapore unveils second lifestyle banking space
It features a biophilic design and has a Joe & Dough cafe at the entrance.
HSBC Singapore offers zero-fee international transfers to over 60 currencies
Amongst markets covered are Malaysia, Indonesia, South Korea, and the UAE.
Why Singapore banks are a ‘safe haven’ from US market volatility
UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.
How virtual cards can benefit wholesale and retail trade, healthcare
These cards can help businesses better manage their margins.
Aleta Planet provides cross-border payments for China’s Jinnan
Fintech Aleta Planet to provide cross-border payments for China’s Shanxi Jinnan Steel Group
Morgan Stanley opens Southeast Asia headquarters in Singapore
It spans 107,000 sq ft across five floors.
Atome Financial clinches $200m facility for SEA expansion plans
The digital payments platform reported that it turned EBITDA positive in Q1.
Crypto exchange OKX unveils zero-fee SGD deposits and withdrawals
The deposits and withdrawals will be facilitated by local bank DBS.
DBS, UnionPay launch multi-currency debit card
Cardholders can make direct payments in 14 currencies.
DINKs lag behind parents on financial wellness
58% of DINKs have not started making financial plans for their retirement.
MAS aims for robust transition credit demand at COP28 through coalition
TRACTION aims to develop approaches to meet these needs and expand the credit market.
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