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.