Financial Services

DBS adds wealth chat service to WhatsApp and WeChat

Relationship managers will be able to form a bank-administered private chat group with clients.

Banks in emerging Asia wrestle for e-payments market share against telcos and online upstarts

Indonesian and Philippine banks may lose up to $3.8b and $1.3b respectively.

Singapore inks deal with US to boost fintech cooperation

They will push for referrals of fintech firms that are looking to enter the market.

Here's why Singapore can't beat Hong Kong's financial centre ratings

Its ratings jumped four points to 796, whilst Hong Kong's jumped two points to 783.

Singapore and UK refresh financial ties

They will set up a supervisory tech alliance for potential collaboration.

Business email scams up 9.8% in 2018

Many cases reported involved scammers deceiving victims to transfer money overseas for payments.

NETS taps UnionPay for overseas e-payment

The upgraded app will also allow users to send e-angbaos for families and friends.

Fintechs need more scrutiny from regulators: DBS CEO

Ant Financial is an example of firms that need more oversight, Piyush Gupta says.

MAS tightens cybersecurity rules on FIs

It will require FIs to implement 6 measures that will address flaws in a timely manner.

DBS' Singapore-dollar perpetual notes booked over $3b

It priced the perpetual securities at 3.98% following hot demand.

Here's how the potential US$200b trade war tariffs put heat on Singapore's banks

Bank stocks could weigh the STI down and rein in business loans.

Daily Briefing: DBS opens 70 big data jobs; Here's how Sheng Siong has grown 25% YTD

And 2 adjoining conservation shophouses in Amoy Street are being offered for $50m.

OCBC blames software failure for 3-hour service outage

ATMs and banking channels were down during the outage on 1 September.