Financial Services
Singapore's finance professionals pin market volatility on sentiment
Three-quarters indicated recession as a top concern.
Singapore's finance professionals pin market volatility on sentiment
Three-quarters indicated recession as a top concern.
Almost half of Singaporeans prefer online payment methods: study
PayNow is the top choice for 18.2% of surveyed consumers.
GoBear, Chubb to pilot work from home insurance product
The policy offers protection against accident, health, and cyber security risks.
Financial institutions may reopen branches, resume in-person meetings: MAS
They must implement all safety measures and maintain a record of meetings.
CapitaLand, OCBC ink Singapore's first SORA-based loan
The $150m three-year corporate loan is part of a sustainability-linked loan.
AMTD Digital to take majority stake in CapBridge Financial
CapBridge will be included in the AMTD SpiderNet.
HSBC Singapore adopts phased reopening of branches
Physical financial and wealth management advisory services are available via appointment.
NTUC Income pilots stackable insurance
SNACK allows micro-premiums and micro-policies that cover for 360 days.
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.
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