NETS appointed Susan Hwee, UOB’s Head of Group Technology and Operations as its new Chairman from 1 September 2021 onwards. ( read original story ...)
Stock Market Today: SGX Nifty edges 20 pts lower; Asian markets off to weak start; China’s PMI readings disappoints
China's factory activity expanded at a slower pace in August, as coronavirus-related restrictions and high raw material prices pressure businesses in the world's second-largest economy. The official ... ( read original story ...)
StanChart Forms JV with Linklogis for Blockchain-Based Trade Finance Platform
Standard Chartered has formed a joint venture with Linklogis to establish a blockchain-enabled trade finance platform dubbed as Olea. ( read original story ...)
OCBC Bank’s fraud detection recovers SG$8 million in losses
Fraud detection solutions continue to grow in demand as more organizations look to implement them. While cybercriminals still manage to avoid them, most ... ( read original story ...)
Ex DBS Bank Australia boss joins funds manager Aura Group
Pan Asian funds manager Aura Group has pulled a rabbit out of the hat, securing seasoned banker Helen Yap as an independent non-executive director on its board. ( read original story ...)
OCBC staff stop scam by thrice refusing to help S’pore woman, 57, remit S$10,500 to ‘USA boyfriend’
Her visits were to remit €6,600 (roughly S$10,500) to her Internet "boyfriend". She told the staff at the bank the money was for her "boyfriend" in another country to help him w ... ( read original story ...)
Indonesian proptech startup secures funding from OCBC NISP’s investment arm
Prospeku, an Indonesia-based proptech startup, has raised an undisclosed amount of seed funding from OCBC NISP Ventura, the investment arm of publicly listed Bank OCBC NISP, a subsidiary of ... ( read original story ...)
Singapore selected 15 companies to participate in creating its CBDC
The race to issue CBDCs is still ongoing, with central banks around the world participating. Of course, not every country has joined the race, but enough of them for it to truly feel like global ... ( read original story ...)
Monetary Authority of Singapore Chooses 15 Finalists for Global CBDC Challenge
Monetary Authority of Singapore (MAS), the nation's central bank, chooses 15 finalists for Global CBDC Challenge. ( read original story ...)
Long-Term Investors Should Keep an Eye on This SPAC Stock
Grab is flying under the radar ahead of its SPAC merger, but the super-app company offers immense upside potential. ( read original story ...)
The9 Ltd. (NCTY) Stock Continues Rising Following Initial Launch of NFTStar Platform
The9 Ltd. (NCTY) stock prices continued their upward climb following news of the company's initial launch of NFTStar platform. ( read original story ...)
Singapore central bank shortlists 15 companies to develop retail CBDC
The finalists include six companies from Singapore, four from the United States, and one each from Australia, Barbados, Germany, France and Switzerland. ( read original story ...)
Ola said to pick Kotak Mahindra Bank, Citigroup for $1 billion IPO
Ola could seek a valuation of more than $8 billion in the IPO and could file its draft red herring prospectus by October, Bloomberg reported. Details of Ola IPO—including size and timeline—could still ... ( read original story ...)
Meet the 15 Finalists for MAS’ Global CBDC Challenge
MAS has announced the 15 finalists who have developed retail Central Bank Digital Currency (CBDC) solutions for the Global CBDC Challenge. ( read original story ...)
OCBC Bank and SAS wage war on fraud with award-winning digital surveillance system
The proactive fraud detection system helped OCBC recover $8m worth of fraudulent transactions. Singapore, 26 August 2021 – As part of its anti-fraud programme, OCBC Bank has deployed a Fraud ... ( read original story ...)
Seek out these winning Singapore stocks as earnings recover: DBS
STI’s sideways trend since April should continue in the weeks or months ahead, amid the normalising earnings recovery trend. ( read original story ...)