Financial Services

Consumers prefer contactless payments: survey

61% of Singaporeans shop online whenever possible.

Consumers prefer contactless payments: survey

61% of Singaporeans shop online whenever possible.

HSBC Singapore names Regina Lee as commercial banking head

She will succeed Alan Turner effective 1 March.

Prudential extends free support to Singapore residents hospitalized due to COVID vaccine

First 100,000 customers and non-customers to sign-up can receive $100 per day of hospitalisation.

SGX, Temasek form digital asset JV on capital market workflows

The venture will look to partner with fixed income issuance platforms.

DBS rolls out industry's first digialised audit confirmation solution

Corporates and SMEs’ audit confirmation requests will be processed in less than a day.

Singapore's IP insurers to cover COVID-19 vaccine complications

Coverage will be provided until end-December 2021.

HSBC, Etiqa amongst bidders for AXA Singapore

The transaction could raise about $927m in a sale.

PPRO announces over $180m in investment, reaches unicorn status

The status comes as the investment values PPRO at over US$1b.

MAS amends rules on managing tech risks

Financial firms should analyse and share threat intelligence within the ecosystem.

Great Eastern rolls out $1m vaccine fund

This will grant a daily cash benefit for COVID-19 vaccine hospitalisations.

MAS appoints new deputy managing director

Leong Sing Chiong’s appointment would take effect on 1 February.

Singapore's digital-only banks face uphill battle to reach sustainable profits

Poor performance of earlier neobanks have cast a doubt on their ability to gain income.

Robeco Singapore appoints new CEO

Nayan Patel has over 16 years of asset management experience.

AXA Insurance launches new prenatal plan

It covers early caesarean deliveries and grants newborns with health insurance cover.

Revolut Singapore sees 70% hike in Chinese New Year e-cash gifting

Clients made over $4.5m in transfers and e-cash gifting during Christmas.

Asiaciti Trust appoints new managing director for Singapore

Ross Belhomme will be relocating from Switzerland.