Financial Services

GrabPay integrates MyInfo into user verification process

The new feature will be available to all users by end of June 2019.

Singapore banks' bad loan ratio to hit 1.7% by 2020

Blame higher delinquencies from SMEs and non-financial firms.

Singtel and ComfortDelGro tie up for in-app taxi booking feature

The partnership will extend Dash users’ ability to pay for their cab fares via QR code.

Public transport payment via Visa goes live

The project will be one of Visa’s largest implementations for contactless acceptance for transit globally at 30,000 acceptance points.

Singapore Press Holdings arm secures $354.93m loan

It will be used to partially repay its borrowings for its UK student accommodation acquisitions.

Singapore beats Hong Kong as Asia's top treasury location

More multinationals still prefer the Lion City with 4,200 regional headquarters based in Singapore, the largest in APAC.

Bank lending up 1.37% in April

It was buoyed by business loans which rose 2.29% to $411.70b.

Singapore FinTech Association launches RegTech sub-committee

It aims to promote and adopt technologies to overcome regulatory challenges.

Epicentre Holdings cancels private placement after failure to contact CEO

The firm is also facing repayment demands from three creditors.

NTUC Income unveils life insurance portal and digital adviser

Online Life includes 18 savings and protection plans to choose from. NTUC Income launched Online Life and askSage, a life insurance portal and...

DBS launches global hackathon

Top teams will compete for a total prize purse of US$100,000.

MAS re-appoints three officials to board

Ravi Menon will be a board member and MAS managing director for two years.

Chart of the Day: Singapore's life insurance take-up still far ahead of Malaysia

Penetration rate in the Lion City is around 250% compared to around 40% in Malaysia.