Singapore
MAS safeguards enough to curb consumer over-indebtedness—MAS chairman
The news comes as bad debts jumped nearly 20% in Q1.
MAS safeguards enough to curb consumer over-indebtedness—MAS chairman
The news comes as bad debts jumped nearly 20% in Q1.
MAS warns of misuse in Worldcoin token, account trading
This incident could potentially violate the Payment Services Act 2019.
Heymax, Visa campaign drives spike in digital payments
The campaign has also contributed to an estimated carbon savings of 24 to 42 tonnes.
COURTS Singapore, DCS Card Centre launches new credit card
It offers 2% cashback and waives the first-year annual fee.
Enough steps taken to ensure support with digital banking: MAS
Deploying ambassadors and phone banking were some of solutions rolled out.
JST Singapore obtains in-principle approval for an MPI license
JST Singapore said that it will continue to work towards securing its licenese.
DBS names Calvin Ong as head of consumer banking in Singapore
Ong will take over from Jeremy Soo beginning 1 January 2025.
OCBC to offer digital accounts, debit cards for kids and teens
Kids and teens aged 7-15 years old can open their own digital bank accounts.
Proposed bill lets police block bank transactions in ongoing scams
The bill does not cover traditional cheating cases involving in-person interactions.
Trust Bank set to be Singapore’s 4th largest retail bank by end-2024
It now has over 800,000 customers in the Lion City.
Trust Bank unveils cashback card with 15% bonus rate
Until 31 December, new customers get an unlimited cashback of 1.5%.
Real time payments, trade partnerships bolster Singapore’s digital trade sector
Its cross-border payment connections have enhanced its international trade competitiveness.
OCBC tries to bridge benefit gap among Singapore’s realty agents
Its latest product offers financial benefits across banking, insurance and trading.
CIMB launches green loan for SMEs
They can receive rebates of up to 0.4% depending on their targets.
MariBank touts dual retail-SME focus, leverages Shopee ties to scale growth
It seeks to disprove doubters of digital banking, which has struggled to live up to the hype.
DBS enhances gov’t grant payouts using blockchain for faster distribution
Once conditions are met, the cash is disbursed automatically.
SG banks, insurers customer experience quality unimproved in 2024
It's become difficult to distinguish leaders from laggards as the gap has narrowed.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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