Singapore
GXS Bank launches credit card with flat fees and no interest
It has a limit of S$500 with a S$5 extension fee.
GXS Bank launches credit card with flat fees and no interest
It has a limit of S$500 with a S$5 extension fee.
Singapore Gulf Bank names ex-Goldman Sachs banker as CFO
Separately, SGB’s new COO joins from GIC and Sygnum.
ANZ joins Singapore’s Project Guardian
The bank will explore blockchain interoperability to exchange tokenised real-world assets.
Maybank Singapore names Datuk Yee Yang Chien as board chairman
He was with MISC Berhad for 20 years and has served as its president/ CEO.
HSBC enhances Premier offering with health protection, future planner tool
The tool will provide recommendations and access to a relationship manager.
YouBiz, CloudMile announce AI and cross-border payment partnership
Companies using a YouBiz corporate card will receive up to a 5% discount.
Technology to underpin future of financial services
Banks should boost their online infrastructure as digital assets become the norm.
Lendela names Axel Frändén as deputy CEO
Frändén will retain oversight of the company's marketing function.
Qoo10 ordered to suspend payments in Singapore
It was unable to prove it can meet its payment obligations to merchants on time, MAS said.
Funding freeze hits BNPLs
Investors are putting less cash towards BNPL providers, who already grapple with thin margins.
Singaporean banks roll out face verification for digital token setup
It is expected to make it harder for scammers to take over a customer’s DT.
DBS unveils crypto options trading and structured notes for wealth clients
They may earn yield on fiat depending on the product’s structure and price movements.
MAS, IBF working on gen AI job impact map
Separately, the IBF has given out skills badges to 3,000 professionals.
Singapore’s financial sector employment rose 4,800 in 2023
The financial sector made up 14% of Singapore’s GDP in 2023.
Labour force upskilling needed as SG nears 'super-aged' status
The future growth must be productivity-led, said DPM Gan Kim Yong.
GXS Bank launches term deposit product Boost Pocket
It is currently on offer with an interest rate of up to 3.48% per annum.
Crypto ownership down to 26% despite resilience
However, 23% are likely to reenter the market.