News

  • 14
    Nov

    DBS shuffles senior management team, grooms talent within

    The Business Times by SIOW LI SEN

    Singapore DBS Group Holdings has made several senior appointments that will take effect over the course of the next few months including naming Tan Su Shan as the next institutional banking head. South-east Asia's biggest bank said on Tuesday that the… More

  • 14
    Nov

    Singapore fintechs attracted 25% more funding this year: report

    The Business Times by JAMIE LEE

    Singapore FINTECH firms based in Singapore attracted 25 per cent more funding in the first 10 months of 2018 over the funding captured in the full year of 2017, with the US$222 million of funding taken up so far making up nearly half of the funding… More

  • 13
    Nov

    E-payment war morphing from single to paired fighters

    The Business Times by JACQUELYN CHEOK,CLAUDIA CHONG

    Singapore THE e-payment fight has taken on a new complexion. Facing each other on the frontlines are no longer single warriors - be it a Super App, fintech startup or financial incumbent - but newly-formed teams of unicorn and incumbent. On Monday,… More

  • 13
    Nov

    S-E Asia's imminent Fintech boom needs a robust IT and data centre support infrastructure

    The Business Times by CLEMENT GOH

    CASHLESS payment options and e-wallets seem to have proliferated every part of our lives these days - from paying for ride-hailing rides to online shopping, buying groceries, watching movies and even getting food at the local hawker centre. The convenience… More

  • 13
    Nov

    Singapore's fintech drive arcs towards financial inclusion

    The Business Times by JAMIE LEE

    Singapore THE fintech wave will cast a wider net to capture smaller corporates cut off from financing, in a push by the Monetary Authority of Singapore (MAS) for small and medium-sized enterprises (SMEs) at home and in the region to give improved access… More

  • 13
    Nov

    Towards an inclusive, stable financial sector

    The Business Times

    THE Ministry of Finance and the Monetary Authority of Singapore (MAS) assumed the ASEAN Finance Chairmanship in 2018. Under the theme of "Resilience and Innovation", both organisations have pursued various initiatives under the ASEAN Finance Track.… More

  • 12
    Nov

    MAS, SGX leverage blockchain tech to settle tokenised assets

    The Business Times by NISHA RAMCHANDANI

    Singapore THE Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) have developed Delivery versus Payment (DvP) capabilities to settle tokenised assets across different blockchain platforms. "This will help simplify post-trade processes… More

  • 12
    Nov

    New business premiums for life insurance sector up 15%

    The Straits Times by LORNA TAN

    The life insurance industry posted a healthy report card in the first nine months of the year, thanks in part to a strong uptake of annual and single premium plans as well as higher sales of products geared towards retirement needs. Weighted new business… More

  • 09
    Nov

    Integrating payment solutions towards a cashless society

    The Business Times by NG FOOK SUN

    DRIVEN by increased smartphone penetration and a rise in digital payments adoption, Asia is widely accepted to be leading in mobile payments globally. A study by Kantar TNS found that over half of connected consumers in the Asia-Pacific region use mobile… More

  • 09
    Nov

    Making waves in the world of fintech

    The Business Times by FRANCIS KAN

    SINGAPORE-based M-DAQ is making waves in the world of fintech. The firm was recognised last year by the Monetary Authority of Singapore as one of the most innovative fintech start-ups, while FinanceAsia described it as one of the country's big fintech… More