Singapore’s central bank released a proposal on the issuance of novel carbon credits tied to the phase out of coal-fired power plants, a move to ramp up financing for energy transition projects in ...
Singapore: OCBC to Discontinue Pay Anyone App in October
Singapore multinational banking and financial services firm OCBC has announced that the OCBC Pay Anyone app will be retired in October, with the exact date to ...
OCBC to discontinue Pay Anyone app; services consolidated on main digital banking app
All popular functions on the app have been consolidated on the OCBC Digital app, which is the bank’s mobile app for digital banking services, OCBC said on its website. These include local and overseas ...
UOB and DBS enhance app security to combat rising malware scams
Singapore-based banks, United Overseas Bank (OTC:UOVEY) (UOB) and DBS, have announced the implementation of new security features in their banking apps in an effort to protect customers from ...
Singapore’s central bank looking into banks’ role in $1.8 billion money laundering case
Singapore's central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) money laundering scandal in the global wealth hub had taken all reasonable steps ...
Singapore’s central bank looking into banks’ role in $1.8 bln money laundering case
Singapore's central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) money laundering scandal in the global wealth hub had taken all reasonable steps ...
Scammers set up companies and bank accounts in Singapore remotely during Covid-19
SCAMMERS were able to set up firms in Singapore and move their ill-gotten gains to bank accounts here by exploiting relaxed rules that allowed the registration processes to be conducted remotely ...
Standard Chartered to deliver API-led real-time data for cash management
Starfish Digital, a Singapore headquartered fintech platform, and Standard Chartered, a leading international banking group, today announced a strategic partnership to introduce a multibank ...
Singapore stocks end flat amid regional declines
SINGAPORE - Shares in Singapore were relatively unchanged on ... DBS Bank gained 0.2 per cent or $0.06 to $33.51, while OCBC Bank climbed 0.3 per cent or $0.04 to $12.76. Meanwhile, UOB slipped 0.2 ...
UPDATE 1-Singapore’s 65 Equity Partners appoints senior partners in Europe, US
Singapore's Temasek-backed global investment firm 65 Equity Partners said on Tuesday it had appointed two senior partners for its European and U.S. operations. Pascal Heberling has joined as co-head ...
Money laundering: Scammers set up companies and bank accounts in S’pore remotely during Covid-19
On Nov 2, American company Examinetics, Inc fell victim to a similar ruse and transferred almost US$350,000 to Zheng Yan’s USD account. Police in Singapore was able to seize US$ 250,403.01 in Zheng ...
Brilliance Group plans Nasdaq IPO for its Singapore-based subsidiary
Cayman Islands-based Brilliance Group has filed an initial public offering (IPO) with the Securities and Exchange Commission on Monday, planning to list its primary operational subsidiary, KHIW, on ...
Standard Chartered boosts cash management offering with multibank connectivity service
It offers real-time visibility, access, and control of cash holdings to companies. Standard Chartered has teamed up with Singapore-headquartered fintech Starfish Digital to introduce a multibank ...
Singapore to impose higher capital requirements on too-big-to-fail insurers
FROM next year, four insurers in Singapore will face a 25 per cent capital add-on to increase their higher and lower supervisory intervention levels, as well as Common Equity Tier 1 and Tier 1 capital ...
UOB introduces new security features on banking app to protect customers
The 2 new security features on its UOB TMRW banking app are aimed at protecting customers against malware-enabled scams. Read more at straitstimes.com.
DBS latest bank to roll out anti-scam measures, after OCBC and Citi
DBS is the latest bank to do so after OCBC and Citi announced their anti-scam measures in the last couple of weeks, following cases of malware scams targeting users of Android devices.