Financial Services

Bitcoin: High risk at what reward?

The supply of Bitcoin has already reached 88.7% of its minable capacity.

SOCASH partners up with Singtel Dash to improve payments, remittance services

It will help migrant and foreign domestic workers remit money safely amidst COVID-19.

Astrea private equity bonds tokenised on iSTOX

iSTOX has reduced the minimum investment size by 10 times.

OCBC to roll out face verification in eight Singapore ATMs

The bank will extend the technology to all of its ATMs in Singapore progressively.

General insurers post flat growth in 2020

Underwriting profit reached $237.3m.

Moonstake launches partnership with blockchain Orb

Moonstake will support the staking of Orb’s official token on Moonstake Wallet.

Payoneer, Mastercard partner to offer digital solutions to SMBs

The service streamlines how SMBs use their earnings.

Fintech firm Zilliqa Capital announces launch

The firm will be led by Ether Capital's co-founder and former CEO Michael H. Conn.

DBS CEO Piyush Gupta's pay down 24% to $9.18m in 2020

His cash bonus dropped 27% amidst cutbacks in the bank.

UOB to raise pay, floats promotions for 98% of bank's employees

Review of compensation packages for senior management will be considered later.

MAS appoints six senior managers

Ho Hern Shin will take over the position of deputy managing director.

Goldman Sachs to hire tech employees in Singapore

Part of the tech hiring will support the bank’s cash management operations.

Indosuez reveals three new senior appointments in Singapore

They are Shiladitya Choudhuri, Jensen Wee, and Harpreet Singh.

MAS unveils joint paper on managing remote working risks

Financial institutions are called to benchmark their practices against examples in the study.

Mizuho concludes deal with Furukawa Electric

Furukawa Electric was recognised for its environmental initiatives.