Financial Services

Issuer processor GPS launches Asia Pacific HQ in Singapore

It will support existing client expansion in the new hub.

Issuer processor GPS launches Asia Pacific HQ in Singapore

It will support existing client expansion in the new hub.

Massage chair maker V3 in talks with Temasek unit for digital bank license bid

V3 recently created a fintech unit and hired a former CEO of a Temasek unit as adviser.

Singapore fintechs took up 51% of funding in ASEAN as of Q3

Singapore Life’s $150.39m funding was amongst the year’s notable deals.

Strengthening Finance Governance of Modern Businesses

When we surveyed C-suite executive and finance professionals in select global cities, including Singapore and Hong Kong, we learned that an...

Singapore's big three banks averaged total return of 12% YTD

DBS, OCBC and UOB have averaged an 8% YTD growth in net profit to a combined $11.85b.

Robocash hits $500m issued loans as of Q3

The number of served clients significantly increased in Vietnam, Indonesia, and India.

Central Bank of France to open first Asian office in Singapore

They aim to forge closer relations with APAC central banks and financial authorities.

OCBC to enable PayNow fund transfers by January 2020

This will make Singapore the second country to launch a new version of Google Pay.

PayNow adopts SGQR specifications

Businesses no longer need to generate and display new QR codes for each transaction.

Singapore steps up efforts to boost FX ecosystem as Hong Kong closes in fast

Citi launched a pricing engine that cuts the time it takes to route a trade between Singapore to Tokyo.

SGQR to be rolled out across 27 hospitals

DBS has worked with three healthcare clusters on the payment infrastructure.

MAS develops blockchain-based integration for multi-currency payments

The prototype is being tested for commercial blockchain applications.

UOB launches digital finance management service

Customers can track the state of their finances, chase refunds, and monitor subscriptions.

DBS Group profits up 15% $1.63b in Q3

This was due to higher net interest income, loan growth, and fee income.

Which e-wallet app is the most used in Singapore?

GrabPay topped the list of most number of active users and most downloads in a month.

Fintech Rapyd launches all-in-one Singapore payment platform

It enables users to make payments, convert cash, and receive funds electronically via a single platform.

Mastercard and Tappy Technologies to embed payment chips into accessories

This setup will be first seen in analogue watches by Timex Group.