Financial Services

CoAssets shuts down after missing funds controversy

Some members' accounts (without outstanding investmets) have already been deleted.

CoAssets shuts down after missing funds controversy

Some members' accounts (without outstanding investmets) have already been deleted.

MAS pushes e-hong baos for Lunar New Year

Clients who prefer physical notes will have to pre-order from their respective banks.

Mambu's APAC expansion to kick off in Singapore

New funding will help expansion to other countries in APAC.

OCBC Bank appoints first female CEO

Helen Wong’s appointment would take effect on 15 April 2021.

UOB prices SORA-referencing capital securities

It is priced 181 bp above the prevailing rate as of 7 January.

Prudential Singapore launches dengue insurance plan

Customers may receive coverage of S$20,000 in case of infection.

DBS launches in-house training institute for upskilling tech workforce

The institute aims for DBS employees to acquire the latest tech skillsets.

Fintech GoBear shuts down

It has been facing difficulties in raising more funding.

Mobile wallet YouTrip inks six-year partnership with Visa

Malaysia and the Philippines are next in its SEA expansion plans.

Payment performance of local businesses improves in Q4 2020

Construction sector registered the highest proportion of slow payments in Q4.

Singapore tightens regulation of virtual payment entities to combat risks

DPT activities carry higher inherent money laundering and terrorism financing risks, says Minister Ong.

Aviva Singapore to cover COVID-19 vaccine side effects

This is included for clients' Integrated Shield Plan, MyShield and group plans.

Online shopping boosts Singapore's cashless payments market

Seven in 10 consumers shopping online increased their use of digital payment methods.

How HSBC Singapore guides SMEs through unfamiliar digital territories

The pandemic has forced small firms to leave ‘traditional’ mindsets behind.

MAS extends $80b swap agreement with US Fed

Its USD Facility will also be extended to end-September 2021.

Razer Fintech, Rely launch 'buy now, pay later' service in SEA

The service will be made available to merchants under Razer Merchant Services.