Singapore

Asia insurers risk irrelevance as protection gaps widen

An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.

Banks urged to turn pricing into a strategic growth lever

A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.

AI governance failures threaten banks’ returns

95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.

Insurers chase AI gains as workers fear job losses

Ninety-two million jobs may be displaced by AI by 2030.

Trust Bank taps ecosystem to fuel digital banking growth

The digital lender credits partnerships, not just tech, for its scale to one million customers in under four years

Organised crime forces banks to rethink fraud prevention

Industry leaders say collaboration is key to combating organised financial crime.

AI avatars Wendy and Wayne debut in OCBC WoW app

New app debuts round-the-clock portfolio insights through virtual advisers.

AI oversight gains urgency as deepfake scams surge 2,000%

Ashwini Karandikar urged firms to map every point where AI influences risk-bearing decisions this year.

RHB warns UOB faces margin loan and asset quality risks

Commercial real estate remains a concern despite signs of improvement in some markets.

DBS brings first synthetic securitisation to market

The $1.29b transaction expands the bank's capital toolkit to support future lending growth.

Airwallex raises $320m in Series H funding round

Airwallex plans to expand into new markets and scale its AI teams.

MAS launches new institute for AI and tokenisation adoption

The Future of Finance Institute will update toolkits.

SG banks pledge cash access near every HDB block by 2027

The move comes as the country turns super-aged, with one in five now over 65. 

UOB sets up board tech committee

The panel will guide digital strategy and oversee technology risk and operational resiliency.

DBS lends $273m to ETAFCo amidst push to cut Asia's coal reliance

The loan will fund grid upgrades, battery storage, and renewable assets.