Singapore Working on Interbank Payments Blockchain

The trial project is also exploring cross-border transactions, Ravi Menon, managing director of the Monetary Authority of Singapore, said in a speech Wednesday. The city’s stock exchange, its largest bank DBS Group Holdings Ltd., its two local rivals ... ( read original story ...)

Coldplay coming to Singapore next April

Tickets for the 8pm show in Singapore start at S$78 and go up to S$298 for a VIP standing ticket, which includes priority entry, a lanyard and official merchandise, organiser Live Nation Lushington said. There will be pre-sales for Citibank cardholders ... ( read original story ...)

Singapore at front line of Standard Chartered's technology quest

With digital technology now at the heart of banking, the task of a chief information officer is more challenging and demanding, as Standard Chartered's Michael Gorriz knows only too well. Mr Gorriz, who joined the bank in July last year, says the financial ... ( read original story ...)

DBS unveils a fintech facility in Fusionopolis

The opening of the said innovation facility was officiated by the Monetary Authority of Singapore’s Deputy Managing Director Jacqueline Loh and DBS CEO Piyush Gupta. Gupta said DBS is looking towards helping to further Singapore's Smart Nation agenda as ... ( read original story ...)

ANZ and DBS Bank open fintech innovation labs in Singapore

Just before the start of the week-long Singapore FinTech Festival, ANZ and DBS Bank have each announced the opening of innovation labs in Singapore. DBS officially announced on Monday the opening of the new innovation facility DBS Asia X (DAX), which is ... ( read original story ...)

DBS unveils Singapore innovation lab

DBS has launched its Singapore innovation lab – DBS Asia X (or DAX) – as it looks to speed up change in its organisation. Neal Cross, chief innovation officer at DBS Bank, says the bank is “not known for taking huge risks or making massive pivots ... ( read original story ...)

DBS launches mortgage smartphone app

TAIPEI, Taiwan -- The Development Bank of Singapore (DBS) launched a one-stop-shop mortgage app Monday, becoming the first bank in Taiwan to offer the service. The bank said the new app would help home buyers step-by-step through the process of finding ... ( read original story ...)

OCBC Trials Blockchain for Interbank Payments

One of the five largest banks in Singapore has tested a blockchain-based payment service, with an eye to develop commercial products around the tech. OCBC Bank used the tech to send funds between its operations in Singapore and Malaysia, as well as ... ( read original story ...)

Understanding the success of Singapore’s education system

An OECD survey conducted last year found that Singapore has the smartest students in the world. The country’s 15-year-olds competed with children from 76 countries in tests that measured their abilities in maths and science. The local students proved ... ( read original story ...)

Investment banking activity in Singapore in downward spiral

Singapore’s investment bankers are going through a difficult time. A slowdown in economic activity in the region has resulted in a contraction in the number of deals. The problem is compounded by the rise of Chinese investment banks which are becoming ... ( read original story ...)