OCBC Bank customers have a new, speedy way of resolving a common issue when shopping or dining: Not having the right credit card to enjoy the best discount, rebate or reward. Since last month, OCBC Bank became the first bank to enable customers to transact ... ( read original story ...)
UOB and PINTEC join forces to make it smarter and faster for companies to extend credit with next-generation digital credit assessment solution
SINGAPORE, April 15, 2018 – United Overseas Bank Limited (UOB) and Pintec Technology Holdings Limited (PINTEC) today announced the launch of their joint venture, Avatec.ai (S) Pte Ltd (Avatec). Avatec aims to help banks and finance companies to ... ( read original story ...)
UOB, China fintech Pintec team up to offer credit services in South-east Asia
SINGAPORE - United Overseas Bank (UOB) has entered into an agreement with Beijing-based financial technology firm Pintec Technology Holdings to set up a joint venture company, Avatec.ai. UOB will have a 60 per cent stake in the joint venture, the bank said ... ( read original story ...)
Going Digital In Banking — DBS, Citi, BBVA, ING Lead The Way
DBS, the Asian bank headquartered in Singapore, was the first to be named the world’s best digital bank by Euromoney in 2016. When just about every money center, regional, community bank and credit union promotes itself as a digital leader, Euromoney ... ( read original story ...)
DBS Marina Regatta: DBS introduces Battle Bay Extreme as part of 50th jubilee
To celebrate its half-century anniversary, DBS is doubling the fun at this year's DBS Marina Regatta. The seventh edition of Singapore's biggest water sports festival will take place over two weekends instead of one. It will be held at The Promontory ... ( read original story ...)
Yanlord to raise debt in Singapore, HK; mandates DBS, HSBC, StanChart
SINGAPORE - Yanlord Land Group has mandated DBS Bank, The Hongkong and Shanghai Banking Corp and Standard Chartered Bank as joint global coordinators, bookrunners and lead managers to raise US dollar-denominated senior notes, the property group announced ... ( read original story ...)
DBS targets 30% reduction in corporate cheque payments by 2020
Currently, most insurance claims are paid through cheques which account for about 10% of corporate cheques issued by DBS in Singapore. Through such companies making such changes to their payments processes, the bank foresees a 30% reduction in corporate ... ( read original story ...)
Music After 7s: The unmissable HSBC Singapore Rugby Sevens after-party
Ruck and roll at Music After 7s – the not-to-be-missed after-party for the 2018 HSBC Singapore Rugby Sevens Eat, drink, and be merry at Music After 7s – the ultimate after-party for the 2018 HSBC Singapore Rugby Sevens. Psst... this party is free! ( read original story ...)
DBS launches online remittance service for non-customers
"SmartSend mirrors the ease of use and convenience that DBS customers currently enjoy with DBS Remit, which allows them to transfer money online anytime, anywhere via DBS/POSB digibank," it said in an announcement. SmartSend enables customers to make same ... ( read original story ...)
Athletics: Standard Chartered Singapore Marathon shakes up line-up of offerings
SINGAPORE - A slew of changes were announced for this year's Standard Chartered Singapore Marathon (SCSM) on Saturday morning (April 14). Among them are the re-introduction of the 5km category, spreading the SCSM's various races over two days instead of ... ( read original story ...)
Renewed Support Tipped For Singapore Stock Market
The Singapore stock market on Thursday halted the five-day winning streak in which it had climbed more than 140 points or 4.1 percent. The Straits Times index now rests just beneath the 3,470-point plateau although it's expected to rebound on Friday. ( read original story ...)
Can CapitaLand Mall Trust Outperform the Singapore Stock Market?
CapitaLand Mall Trust (SGX: C38U) is Singapore’s first and largest retail real estate investment trust (REIT). Some of the malls in its portfolio include Tampines Mall, Junction 8, and Plaza Singapura. In 2017, the REIT under-performed both the FTSE ST ... ( read original story ...)
Singapore Weary Of Forcing Open Banking On FinServ Market
Singapore is ready for open banking, but regulators don’t want to force it on the financial services market, according to reports in Bloomberg. The publication said this week that the Monetary Authority of Singapore (MAS) prefers a more “organic ... ( read original story ...)
Singapore Turns India’s Nifty Into a Giraffe
Singapore Exchange Ltd. has announced a new product that an excited hedge-fund manager described to me as the "most brilliant use of finance." That's an exaggeration, of course, though with a large grain of truth. SGX will launch three derivative products ... ( read original story ...)
CLARKE QUAY, THE EPICENTRE FOR 2018 HSBC SINGAPORE RUGBY SEVENS
Singapore, 26 March 2018 – In the lead up to the highly anticipated 2018 HSBC Singapore Rugby Sevens, Clarke Quay is proud to host the “Singapore Rugby Carnival” and “Music After 7s 2018”. SINGAPORE RUGBY CARNIVAL BY THE QUAY (14 & 15 APRIL 2018 ... ( read original story ...)
OCBC prices 500m euro bonds due 2025 at 0.625%
SINGAPORE - OCBC Bank has priced its 500million euro notes due 2025 at a fixed rate of 0.625 per cent per annum payable annually in arrear. The notes come under the bank's US$10 billion global covered bond programme. Net proceeds from the covered bonds ... ( read original story ...)