Financial Services
OCBC to reopen three branches, premier banking centre
OCBC to reopen three branches, premier banking centre
This brings the total number of open branches to 27.
Singapore FinTech Association pilots self-assessment tool
It will help fintechs accelerate ventures with financial institutions.
Bank of Singapore hires new chief economist
He will assist in shaping the bank’s economic outlook.
Digital adoption of OCBC's wealth products jumped 40% in Q1
Virtual wealth advisory meetings will likely be the new normal.
Banks' risks abated as circuit breaker measures ease
Hong Kong’s political woes may also drive wealth business and deposits to the island’s banks.
TransferWise rolls out cross-border money transfer feature
The transfer can be made in over 50 currencies using a mobile number.
MAS launches $1.75m global fintech innovation challenge
It comprises the MAS FinTech Awards and the Global FinTech Hackcelerator.
Grab unveils digitalisation programme for small businesses
It aims to help firms adopt e-payment solutions and expound in its marketing initiatives.
Bank of Singapore names new global head of products
Lim Leong Guan will concurrently be OCBC’s head of group wealth products.
Singapore startup DocDoc expands to China
It provides Chinese policyholders with regional doctor discovery services.
Standard Chartered pilots credit card deals app CardsPal
The app has also partnered with Mastercard for exclusive promos.
MAS debunks reports of large deposit flow from Hong Kong to Singapore
Don’t just refer to foreign currency deposits, says the regulator.
UOB re-opens nine branches starting 8 June
Two wealth banking centres are also reopening.
Standard Chartered reports historic highs of digital adoption
Its wealth management services grew more than two-fold during the circuit breaker.
CIMB Singapore scraps mortgage loan hike following customer backlash
CEO Victor Lee expressed his apology to affected customers.
GBCI Ventures sets up HQ, pilots ‘money app'
Currency exchange and residual currency storage are some of the services offered.
Finance firms must prepare for extended period of risk management: MAS
Close to 85% of the financial industry worked from home during the circuit breaker.
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