Financial Services
Singapore lags its Asia Pacific peers in mobile wallet usage
Singapore lags its Asia Pacific peers in mobile wallet usage
Only 28% of Singaporeans used mobile wallets in 2016.
AutoWealth launches robo-advisor financial investment service after multi-million seed round valuation
It mimics a human financial planner, and it is set to disrupt the S$594 billion financial advisory market in Singapore.
Three things that could drive Singapore banks' higher ROEs
Analysts see earnings visibility ahead for Singapore banks.
DBS turns Indian franchise into wholly-owned unit
It plans to build 75-90 branches in India.
Big three banks ink MOUs with Chongqing financial institutions
It will usher in financial collaboration between the two cities.
Hong Kong, Singapore eye grabbing a bigger share of the $540t derivatives business
Regulators have been in talks with the ASIFMA over the past five months.
Bank loans growth falls to 5.9% in July
Lower business loans slowed overall growth.
Far Eastern Bank completes merger with UOB
It will be implemented on 01 October 2017.
Fintech startup SingX raises $4.5m in 2nd round funding
SingX is setting its sights overseas as it eyes expansion to Malaysia and Hong Kong.
Why Singapore banks will still be laden with O&G woes
Every 10bps increase in credit cost estimate will cause a 7% cut in net profits.
Singapore leads use of in-app payment systems in Asia
But 43% still use cash to make payments.
Daily Briefing: Blockchain startup that decentralises data raises US$1.5m; Strong SGD mutes foreign demand for homes
And here's how Oakwood Studios caters to expats in Singapore.
Payments Council to create common QR code for Singapore
Banks and payment providers will collaborate to create the QR code.
DBS launches digibank in Indonesia
It follows digibank’s success in India last year.
Innoven Capital's Chin Chao reveals why venture debt is the next big thing for Southeast Asian start-ups
Southeast Asia is fast becoming a hotbed for start-ups, and here’s how venture loans can fuel their growth.
Singapore banks' wealth management fees to post double-digit growth
It formed up to 44% of banks' commission income in 1H17.
OCBC improves cashless payments with new mobile keyboard
Customers can now make e-payments without exiting their current mobile app.
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