Financial Services
Fintech startup Rely looks to SEA for expansion
Fintech startup Rely looks to SEA for expansion
The expansion plans come after Rely closed a seven-digit funding round.
Chart of the day: Check out the loan growth of Singapore banks in Q4 2018
UOB’s loan growth hit 2.6%.
Should Singapore's executives trust their financial data?
C-suite executives in Singapore, like their counterparts in the rest of the world, base crucial decisions about the future growth and direction of the...
Citi launches biometric authentication for APAC institutional clients
The solution eliminates the need for an app-based digital token.
Daily Briefing: DBS to halt coal financing by 2021; Swire Properties unveils first residential project
And the number of overseas medical schools approved for practice in Singapore will be cut to 103.
ICBC Singapore issues US$2.2b green bond for Belt and Road projects
The offering is available in three currencies: USD, CNY and EUR.
Qoo10 upgrades financial offerings in UOB tie-up
Small businesses will be able to apply for financing directly on Qoo10’s site.
OCBC seeks partner for securities venture in China
The move complements its goal of doubling pre-tax profit from Greater Bay Area to $1b by 2023.
Singapore's private banks hold steady amidst industry rout
The AUM of Bank of Singapore rose 3% to US$102b.
Citi Singapore unveils automated assessment for debt consolidation
The bank will access the customer’s credit profile via API.
DBS inks Belt and Road deal with Sinosure
Insurance firm Sinosure will provide credit insurance for DBS financing activities.
Over half of large firms to move their finance systems to the cloud: survey
Respondents also noted that CFOs should expand their roles beyond finance into risk management and cyber security.
CIMB Singapore unveils pet insurance for dogs and cats
Policy plans start at $74.90 per year.
1 in 3 firms have no plans to adopt machine learning: poll
Almost half cited cost as a barrier.
Singapore's mobile payments growth hits 46% in 2019
It lags behind Vietnam in terms of growth rate.
Chart of the Day: Firms with deteriorating risk standing hit 21.36% in 2018
This represents a visible increase from just 15.13% in 2017.
3 in 5 Singaporeans willing to share data for cheaper banking products
Users are willing to share data on their income, location and lifestyle habits.
Commentary
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