Singapore
BNPL code launched, outstanding payments limited to S$2,000 without credit assessment
BNPL code launched, outstanding payments limited to S$2,000 without credit assessment
Consumers are now entitled to make full repayment without early repayment fees.
Adapt to survive in 2023: A step change for business models in FinTech
By Pat Patel, Executive Director, Elevandi
1 in 3 private home mortgages under a floating rate: MAS
For HDBs, that’s just 1 in 5 loans extended by financial institutions.
OCBC appoints Sunny Quek as head of global consumer financial services
He will lead the bank’s banking and wealth business in Singapore.
Standard Chartered taps ex-Citi head of markets as global head of international banking
James Lye will begin his role on 1 November.
Real-time Payments: The Time to Act is Now
Around the world, people now expect real-time experiences in everything they do, and payments are no exception.
UOB launches expanded U-Solar programme in Singapore
U-Solar 2.0 will be rolled out in Malaysia, Thailand, and Indonesia in Q1 2023.
SAS Institute: Intelligent Decisioning Solution in Action
The company drives real-time interactions that can easily create, manage, and govern robust analytically driven business rules to power decisions at scale.
Singaporeans still keen on ATMs, branch banking: study
3 in 4 Singaporeans still frequently use ATMs.
DBS offers SMEs up to S$300,000 financing with DBS Quick Finance
Customers can choose between an overdraft or a loan.
OCBC reveal employee-run community farm in Central Business District
\It is expected to produce 140 kgs of vegetables annually.
Singapore unveils industry guidelines for sustainable private banking
The industry group sustainability taskforce has also developed a training benchmark.
Banks warned vs risks of North Asia exposure, NPLs: Maybank
North Asia non performing loans went up 8% to 191% quarter-on-quarter.
MAS names Gillian Tan as new chief sustainability officer
Tan will lead the sustainability group for tighter coordination of MAS’ sustainability initiatives
Fintechs to play transformative role in cross-border payments: MAS
MAS said the current state of cross-border payments is unfit for the 21st century.
DBS unveils tech apprenticeship programme for polytechnic students
It will take in 20 students this year to start and later expand across all 5 polytechnics in SG.
ANEXT Bank’s Toh Su Mei on how to stay ahead of SMEs needs
The CEO of Singapore’s newest digital bank talks about why banks find it challenging to meet the SMEs needs, and why digital banks are the answer.
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