Financial Services
Making cyptocurrencies hip with Simple Token
Making cyptocurrencies hip with Simple Token
It enables businesses in deploying crypto-backed token economies.
DBS and NTU partner to boost pool of wealth managers in Singapore
New wealth management track will be rolled out on the university’s business degree programme.
AxiomSL defines open taxonomy for MAS610/1003
They will work to standardise interpretations of requirements for the new MAS 610/1003.
DBS expects loans to grow 7% in 2018
Higher interest rates are seen to kick net interest margin up.
MAS forms e-payment user protection guide
Financial institutions will be required to notify users of their e-payments.
Zave offers corporate services for SMEs
It provides dashboarding services enabling companies to easily review relevant compliance data.
Great Eastern's profit surged to $1.16b in 2017
This was driven by a higher profit from its insurance business.
DBS' assets balloon to $206b after ANZ deal
It also gained 890,000 customers from Indonesia and Taiwan.
UOB-backed accelerator to match tech firms with eight SMEs
The SMEs will be chosen from the retail and logistics industries.
APAC fintech market to reach US$72b by 2020
Increasing use of digital payments will fuel the growth.
Peer-to-business lending platform Minterest sets sights for series A round in 2019
The company has completed over $10m worth of deals in the eight months to end of 2017.
Singapore's e-payment space gets overcrowded
Customers lose interest in hawkers that install systems like NetsPay and DBS Paylah.
Lady Luck smiles as DBS' 2017 dividend soars 55% to 93 cents
Its shares jumped 5.32% and led stock growth.
DBS Group's net profit rose 4% to $4.39b
This was boosted by its Q4 net profit of $1.22b.
MAS requires financial institutions to use innovative technology solutions
This is to facilitate safer customer on-boarding.
6 in 10 banks in APAC victimised by fake identities
5-10% of the total credit card applications were found fraudulent.
Singapore is the new Hong Kong for China's Ultra Rich
Tighter scrutiny from Chinese authorities may be driving HNWIs away from Hong Kong.
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