Financial Services
UOB rolls out monthly ‘digital clinics' to help businesses digitise
UOB rolls out monthly ‘digital clinics' to help businesses digitise
Tech experts will provide companies with tailored digital strategies to improve productivity.
Singapore beats Hong Kong in open banking readiness
Strong regulatory support from MAS buoyed the lion city to score the APAC crown.
Bank lending up 0.8% in April
Consumer and corporate loans edged up slightly.
Government unveils revamped insurance scheme for seniors with disability
CareShieldLife will be rolled out by 2020.
Daily Briefing: Property entrepreneur buys Japan's crypto exchange for $67m; Indonesia beats Singapore in cashless living
And here's what you should know about ThaiBev's Q2 earnings report.
Singapore & the future of finance: global lighthouse on a little island
In 1942, Austrian economic prophet Joseph Schumpeter coined the term “creative destruction.” Schumpeter envisioned innovation to be the key driver by...
Strong SME lending buoys Taiwanese banks' growth prospects
Loans to the SME segment accounted for almost a third of total system loans.
Japanese regional banks form fintech joint venture in bid for survival
Seven lenders will take a stake of little over 14% in the JV.
China's banks are sidestepping the shadow banking crackdown
Issuance of structured deposits surged almost 47% to $1.4t in the year through March.
India's massive bailout fails to buoy banks out of earnings rut
Little will be left for lending from the government’s $32b capital injection.
Chart of the Day: Banks bear the burden of growing credit card debt
Bad credit card debt that was "written-off" jumped 16% to $20.74m in March.
MAS to require investors to log stock short sales
They need to be reported through an online portal.
DBS to build Carousell's mobile wallet CarouPay
This followed the bank’s participation in Carousell’s US$85m funding round.
Prudential to pay $100 to customers hit by GIRO deduction
Customers can expect it to be credited to their accounts by 3 June.
OCBC rolls out financial advisory and lifestyle programme for elderly
It will train seniors on e-payments amongst other activities aimed at safeguarding their future.
MAS commits to Foreign Exchange Global Code
The code promotes a robust, fair, liquid, open, and transparent FX market.
HSBC integrates personal information vault into credit card application process
Applicants won’t need to provide supporting documents anymore.
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