Fitch Ratings considers Macao-based Banco OCBC Weng Hang, S.A. (BWH) a key and integral subsidiary of Hong Kong-based OCBC Wing H ... ( read original story ...)
UOB joins forces with Fave to upend the traditional rewards and loyalty programme status quo
UOB have taken aim at disrupting the traditional banking rewards experience with the launch of UOB Rewards+, an initiative which also sees the Bank joining forces with Fave. This strategic alliance ... ( read original story ...)
Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid
Based in Hong Kong, Finverse’s ambitious goal is to enable open banking throughout the Asia-Pacific region. The startup recently came out of stealth mode with $1.8 million in seed funding, and is now ... ( read original story ...)
Swiss Fintech Companies Show Increased Presence in Singapore
Swiss fintech startups continued pursuing their international ambitions with many choosing Singapore to enter the dynamic Southeast Asian market. These are building on Switzerland and Singapore’s long ... ( read original story ...)
Standard Chartered Partners with Kredivo to Offer Loans to the Mass Market Segment via Digital Channels
Standard Chartered Bank Indonesia (Bank) and Kredivo , one of Indonesia's largest and fastest growing digital credit platforms, today announced a partnership to offer Buy Now, Pay Later (BNPL) loans ... ( read original story ...)
UOB, Fave launch rewards program on digibank TMRW
Singapore-based United Overseas Bank (UOB) has joined hands with Southeast Asian fintech platform Fave to launch a new rewards program for the bank’s customers. The program, called UOB Rewards+, will ... ( read original story ...)
Why GlobalFoundries Stock Is Not a Buy After Its IPO
GlobalFoundries is a chip fabricator going public during one of the worst semiconductor shortage to date. But will this squeeze help them or harm them? ( read original story ...)
Singapore Cryptocurrency License: A Major framework for Major players
Singapore is a city-state located at the tip of the Malay Peninsula. Formerly a poor, rustic fishermen’s village, Singapore became one of the world’s main economic and technological powerhouses in ... ( read original story ...)
Partior brings a tangible outcome to Singapore’s Project Ubin
A new blockchain-based payments platform is backed by JPMorgan, DBS and Temasek. It is the source of some pride to the Monetary Authority of Singapore, as the new business is the result of a long-term ... ( read original story ...)
DBS Says Property Isn’t Enough for Retirement: Here’s What You Can Do Instead
Property may be a favourite asset class for Singaporeans, but we don't believe it's sufficient to get you through retirement. The post DBS Says Property Isn’t Enough for Retirement: Here’s What You ... ( read original story ...)
Luno Now First Crypto Firm in Singapore to Offer Direct SGD Bank Deposit
Global cryptocurrency company Luno announced that it is the first in Singapore to launch an official direct SGD bank transfer feature. ( read original story ...)
Siam Commercial Bank seeks to take on rivals with delivery super app
Competition in Thailand's food delivery market intensified this year after Malaysia's AirAsia bought Gojek's business in Thailand. ( read original story ...)
Standard Chartered names trade chief operating officer
Standard Chartered has announced the appointment of Khuresh Faizullabhoy as chief operating officer for trade, reporting to Nelius De Groot, chief operating officer, transaction banking and FCSO, and ... ( read original story ...)
Faizullabhoy signs on at Standard Chartered
Standard Chartered has hired Khuresh Faizullabhoy as chief operating officer for trade. Based in Singapore, he reports to Nelius De Groot, the bank’s chief operating officer for transaction banking, ... ( read original story ...)
OCBC extends S$148m green loan to Tong Eng Group unit
It is the bank’s first green loan to use the BCA’s BEEA tool. OCBC has extended a S$148m green loan to Fairview Development, a unit of developer Tong Eng Group, to finance the upcoming residential ... ( read original story ...)
Temasek-backed venture readies for SPAC IPO in Singapore
Vertex Holdings is looking to list a 200 million to 250 million Singapore dollar ($150 million to 185 million) special purpose acquisition company on the Singapore Exchange, according to sources close ... ( read original story ...)