Category: FINANCE

Singapore's UOB claims its AI enabled AML technology has been quite effective at identifying potentially fraudulent transactions. ( read original story ...)

Singaporeans can now view their funds and investments on a single online platform instead of having to visit each bank's or government agency's website, saving time and making their financial planning ... ( read original story ...)

Singapore’s DBS, Southeast Asia’s biggest lender, has a “healthy respect for all forms of competition” and is unfazed by the entry of four new digital-only banks, chief executive Piyush Gupta said on ... ( read original story ...)

For those with multiple bank accounts, logging on to numerous platforms for updates and drawing up financial spreadsheets can now be a ... ( read original story ...)

New training lab is a followup of the British bank's SG$5 million ($3.74 million) investment to boost the skillsets of its 8,000-strong local workforce, focusing on digital skillsets such as data ... ( read original story ...)

Southeast Asian ride-hailing firm Grab's venture with Singtel and internet platform company Sea Ltd have each won licences to run Singapore's first digital banks, in the city-state's biggest banking ... ( read original story ...)

Singtel consortium will hire around 200 staff in Singapore by the end of next year to build up a robust banking infrastructure.To date, 10-15 per cent of the roles in the digital bank have been ... ( read original story ...)

The desire to spend locally is not unique to Singapore, the UOB survey also found.. Read more at straitstimes.com. ( read original story ...)

China has done very well out of Singapore’s new digital banking regime, with Ant and Tencent both represented. Grab and Singtel fly the local flag. ( read original story ...)