Financial Services
SingX founder Atul Garg to grace SBR's Hottest Startups Panel Briefing 2018
SingX founder Atul Garg to grace SBR's Hottest Startups Panel Briefing 2018
He will discuss lessons that startups can glean from SingX's growth.
OCBC Q2 profits climbed 16% to $1.21b
It was backed by growth in its banking, wealth management, and insurance businesses.
Singapore's wealth makes it a prime target for hackers
The 'hyperconnected financial hub' is home to $613b of bank deposits.
UOB unveils plans to launch ASEAN digital bank
It will tap on mobile-first and mobile-only customers.
UOB profit up 28% to $1.08b in Q2
Earnings were boosted by net interest income which hit $1.54b.
IBF rolls out career centre for financial industry professionals
It will offer skills upgrading, career advisory, and job matching services.
DBS profit surges 20% to $1.37b in Q2
Strong consumer and non-trade corporate lending offset weak trading income.
MAS slaps 5-year ban on former CIMB vice president
Alan Tay Yeow Kee was charged for insider trading.
CIMB targets millenials with new credit card
It will encourage 'prudent' spending habits with a $500 cap.
Great Eastern's net profit jumps 21% to $390.5m in H1
The operating value from its insurance business rose 12% YoY to $312.3m.
Bank lending up 5.9% to $673b in June
Corporate lending drove the monthly loan growth.
UOB rolls out fully automated car loan application process
This cuts processing time from three days to 15 minutes.
CPF withdrawals via PayNow hit $40m in 3 months: OCBC
Processing for bank deposits can be shortened by 4 days through PayNow.
Fintech startup C88 bags US$28m from Series C funding
It operates financial marketplaces in Indonesia and the Philippines.
Is branch banking still relevant as lenders migrate their services online?
Overall, there will be lower demand for office space allocated for bank branches, according to an analyst.
OCBC Q2 loan growth to hit 10% as Indonesian and Chinese arms outperform
Banking fees are also expected to rise 13.8%.
Singaporeans ditch bank visits to go mobile
Mobile banking usage has now overtaken branch visits by 15%.
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