Singapore

UOB leads the way in being right by its customers

UOB leads the way in being right by its customers

Beyond banking services, UOB offers attractive wellness programmes for customers and improves their experience at branches via a data-driven customer feedback platform.

Singapore to pilot use of wholesale CBCDs in 2024: Menon

MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.

FinTech industry poised for huge change thanks to AI: MAS

The festival will address both the promises and pitfalls of AI in the financial industry.

Maybank eases cross-border fund transfers between SG, Malaysia

The bank added over 50 DuitNow participating institutions where customers can send money over.

Singapore fintechs expand footprint in Australia through Project Lorikeet

The initiative aims to boost fintech trade and investment between Singapore and Australia.

MAS and Bank Indonesia extend bilateral financial arrangement until 2024

The agreement between both central banks was extended to 2 November 2024.

8 in 10 Singaporeans approve of proposed phishing scam accountability framework: poll

Over 4 in 5 says that financial institutions should be held most accountable for scams.

DBS prohibited from buying new businesses or closing branches for 6 months

MAS will review progress after six months and may choose to extend the measures. 

DBS unveils financing solution to boost SMEs’ sustainability ventures

The DBS Eco Renovate Loan allows SMEs to finance up to 100% of their expenses related to sustainability.

Payments fintech YouTrip raises US$50m in Series B round

The firm is gearing up to expand in Indonesia, Malaysia, the Philippines, and Vietnam.

UOB’s net profit up 5% to S$1.5b in Q3

Net fee income growth helped drive profits.

Singapore proposes shared responsibility framework for phishing scams

Both financial institutions and telcos are held accountable for mitigating scams.

75% of Singapore SMEs mull ditching banks for payment needs

1 in 2 of SMEs in Singapore complained of lengthy processing and settlement times.

MAS proposes fund management regulation shake-up with new framework

If approved, the existing RFMC regime will be repealed.

OCBC rolls out generative AI chatbot for employees, amongst world’s first

Over 4 million decisions in the bank are made by AI daily, OCBC shared.