Banks in Singapore will have to put in place more stringent measures to combat the rise in online phishing scams targeted at bank customers in the city-state ... ( read original story ...)
Singapore Tightens Oversight of Bank Anti-Fraud Plans After Scam
The Monetary Authority of Singapore said it would be “intensifying its scrutiny of major financial institutions’ fraud surveillance mechanisms,” as the Asian financial hub grapples with a spate of ... ( read original story ...)
HSBC launches first multi-currency digital wallet for SMEs
HSBC Bank Malaysia Bhd today launched the HSBC Global Wallet, Malaysia's first multi-currency digital wallet that enables small and medium enterprises (SME) to make and receive international payments ... ( read original story ...)
OCBC’s up to $7 billion excess capital may spark deals: Report
Oversea-Chinese Banking Corp's high capital levels may give South-east Asia's second-largest lender as much as $7 billion in excess funds that could be used for acquisitions, according to Bloomberg ... ( read original story ...)
DBS to only send ‘essential’ SMEs to retail, wealth customers
The bank assured customers that it employs a multi-layered defence system against fraud. DBS announced that it will only send “essential” short message services (SMSes) to its retail and wealth ... ( read original story ...)
Singapore Exports Growth Slows In December
Singapore's non-oil domestic exports growth eased in December, data from Enterprise Singapore showed on Monday. Non-oil domestic ... ( read original story ...)
Singapore lists first SPAC as Asia investors warm up to blank check firms
SINGAPORE: A small blank-check firm backed by state investor Temasek made its Singapore debut on Thursday (Jan 20), marking the first such local listing as Singapore steps up a drive to emerge as a ... ( read original story ...)
Vertex Spac rises in Singapore trading debut
Singapore's first listed Spac saw its IPO public tranche 36 times subscribed. . Read more at straitstimes.com. ( read original story ...)
Singapore’s SPAC foray could draw companies away from Hong Kong and other ASEAN countries, says EY
Ringo Choi of the professional services firm discusses Singapore's venture into the market of special purpose acquisition companies and Asia's race to attract them. ( read original story ...)
Singapore gives banks two-week deadline to fix SMS security
A widespread phishing operation targeting Southeast Asia's second-largest bank – Oversea-Chinese Banking Corporation (OCBC) – has prompted the Monetary Authority of Singapore (MAS) to introduce ... ( read original story ...)
Singapore’s largest ETFs to be excluded from China connect scheme
The recently announced exchange traded fund link between the Singapore Exchange and Shenzhen Stock Exchange will not feature fixed income ETFs or real estate investment trust prod ... ( read original story ...)
Singapore banks to boost security after customers phished for S$8.5M
Financial authorities are rushing to catch up to scammers swiping millions from Singapore bank customers.Singapore’s Monetary Authority and Association of Banks will reinforce the security of digital ... ( read original story ...)
Singapore Central Bank, Industry Body Unveil Steps to Bolster Digital-Banking Security
The Monetary Authority of Singapore and a banking industry body are introducing new steps to bolster digital-banking security in the country, in light of recent scams targeting bank customers. ( read original story ...)
No more clickable links in bank SMSes and emails as authorities respond to recent scams
SINGAPORE - Banks in Singapore will have to put in place more stringent measures to bolster the security of digital banking, such as removing clickable links in SMSes or e-mails sent to retail ... ( read original story ...)
What does 2022 have in store for the property market in Singapore?
Despite a smaller number of new launches and talks about a wealth tax, the property market is expected to keep thriving, a study finds. ( read original story ...)
OCBC’s $5.2 in Billion Excess Capital May Spark Deals, BI Says
Oversea-Chinese Banking Corp.’s high capital levels may give Southeast Asia’s second-largest lender as much as S$7 billion ($5.2 billion) in excess funds that could be used for acquisitions, according ... ( read original story ...)